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Income Tax department

Sleuths demand $12 bn in taxes from Indian online gaming companies

TMT

25 October, 2023

Sleuths demand $12 bn in taxes from Indian online gaming companies

Indian tax authorities have served notices to online gaming companies demanding about 1 trillion rupees ($12.03 billion) in taxes that ......

IT Dept conducts searches at PE-backed Mankind Pharma a day after listing

Healthcare

11 May, 2023

IT Dept conducts searches at PE-backed Mankind Pharma a day after listing

The income tax department is conducting searches at Mankind Pharma Ltd's office in New Delhi, two government sources told Reuters ......

Demonetisation: Why you may soon have to answer the taxman

General

19 January, 2017

Demonetisation: Why you may soon have to answer the taxman

Did you deposit Rs 10 lakh or more in old currency after 8 November last year in one or more ......

Made an expensive purchase with old notes? The taxman could soon come knocking

General

02 January, 2017

Made an expensive purchase with old notes? The taxman could soon come knocking

Big data is reportedly coming to the aid of the income tax department in scanning all the high-value purchases made ......

In Charts: One taxman per 80,000 bank accounts; uphill task tracing laundered money

General

13 December, 2016

In Charts: One taxman per 80,000 bank accounts; uphill task tracing laundered money

The Narendra Modi government’s expectation that at least a third of the black money in circulation will get extinguished post ......

Tax authorities search Indiabulls group offices

General

13 July, 2016

Tax authorities search Indiabulls group offices

The Income Tax department today conducted multiple searches on the premises of Indiabulls group in connection with its probe against ......