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.
The government’s new Income Tax Bill promises to streamline taxation with simpler language and fewer sections.
Union Finance Minister Nirmala Sitharaman Thursday introduced the Income Tax Bill 2025 in the Lok Sabha.
Kosambia, an athlete from Gujarat and a Tax Assistant with the Income Tax Department, achieved success at the 38th National Games held in Uttarakhand.
The Tea Association of India (TAI) has welcomed the government's decision to extend the exemption of agricultural income tax for the tea industry until 31 March, 2026, as announced in the state Budget for FY 2025-26.
Aiming to put more money in the hands of the middle class and simplify the whole filing process, the new Income Tax Bill is set to be tabled in the Parliament next week after receiving approval from the Union Cabinet.
