Sushil Mohta and his son Saket Mohta, promoters of the Merlin Group, along with others, are accused of fraud, forgery, organised criminal activity, and criminal conspiracy.
Changing the law with retrospective effect while an issue is pending before the Supreme Court of India raises serious institutional concerns.
Kerala Chief Minister Pinarayi Vijayan has written a letter to Union Finance Minister Nirmala Sitharaman seeking a judicial probe into the unnatural death of C.J. Roy in the midst of a search action by the Income Tax personnel on January 30.
The Indian economy is poised to grow at 7.0 per cent in the current fiscal 2025-26, Crisil said as it raised projections by 50 basis points soon after the country registered robust growth in the first half.
Gahlot is currently a BJP MLA from Delhi's Bijwasan area, while the action has been taken against him in a case lodged when he was the Transport Minister in Delhi's Aam Aadmi Party Government.
A massive tax evasion racket has come to light in Sambhal, Uttar Pradesh, involving the promoters of Indian Frozen Food, a company engaged in the meat trade.
Marico, which is led by its Chairman Harsh Mariwala, is a household name known for fast-moving consumer goods (FMCG) brands such as Parachute, Saffola, and Livon. Marico has a strong presence in both domestic and international markets, like West Asia (Middle East) and Africa.
The Parliamentary Select Committee on Income Tax (PSC-IT) has officially adopted its report on the Income Tax Bill, 2025, marking the culmination of nearly five months of rigorous deliberations, Darjeeling MP Raju Bista announced on Wednesday.
In a city where history whispers from the bricks of every colonial edifice, a new chapter of pride and preservation was written today as the historic Income Tax Office building at 3 Government Place (West) in Kolkata lit up in all its architectural glory.
Starting in April 2026, tax officers in India may be able to force open not just your safes and filing cabinets but also your WhatsApp, cloud storage, and encrypted chats.
