The Enforcement Directorate (ED) on Friday said it has issued show-cause notices to Chinese mobile manufacturer Xiaomi, its chief financial officer and director Sameer Rao, former MD Manu Jain …
Domestic travel agents (DTA) are up in arms against the finance ministry for creating a “non level-playing” field favouring overseas travel companies (such as tour operators and online aggregators) …
A farmer from Uttar Pradesh’s Phaloda village received about 23 notices over the past year from the Income Tax Department, asking him to pay outstanding taxes of Rs 1.6 …
The Enforcement Directorate (ED) on June 5 said it has arrested an IRS officer of the Income Tax department in a money laundering investigation linked to a ₹30 lakh …
The national e-commerce policy will seek to create a conducive environment for the overall development of the sector and boost exports, department for promotion of industry and internal trade …
Average time taken for issuing refunds by the income tax department has been brought down “significantly” and 80 per cent of refunds were issued in the first 30 days of filing …
The income tax department has detected ‘benami’ deposits of ₹50 lakh and above in small saving schemes such as the Kisan Vikas Patra and National Savings Certificate (NSC) in …
The Income Tax Department Srinagar has taken a serious view of the bogus refunds claimed by various persons in the past few years. The department has filed two FIRs …
The income tax (I-T) department has sent notices to Reliance Jio Infocomm and Tata Communications on interconnection usage charges (IUC), said people aware of the matter. Both companies have …
Despite imposing a windfall tax on the super profits of oil explorers and refiners, the central government’s excise duty collections from petroleum sector have shown a contraction of over ₹71,800 …