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Old Tax Vs New Tax Regime: What Budget 2026 May Change For India's Salaried Class
Government data shows this strategy is already working. For FY 2023-24, 72% of taxpayers, around 5.27 crore, chose the new tax regime.
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Old Tax Vs New Tax Regime: What Budget 2026 May Change For India's Salaried Class
Government data shows this strategy is already working. For FY 2023-24, 72% of taxpayers, around 5.27 crore, chose the new tax regime.
-
Income Tax Officers To Access Your Bank, Social Media Accounts? A Fact Check
PIB clarified that Income Tax officials cannot access social media or email data of taxpayers unless a formal search operation is underway.
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Income Tax Department Said to Target Over 400 Wealthy Binance Traders in Major Tax Evasion Crackdown
The tax authorities have launched an extensive investigation into over 400 wealthy Binance users for possible tax evasion between 2022 and 2025. Officials are examining peer-to-peer trades and payments via banks, Google Pay, and cash. Binance’s re-entry in 2024, following a $2.25 million (Rs. 20 crore) fine and registration with the FIU, has give...
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"Proudly Made In India, Made For The World": Zoho Co-Founder On Data Hosting
Zoho has dismissed misconceptions about its data hosting, development practices and global operations.
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ITR Return 2025: Is Your Refund Pending? Check For These 3 Mistakes
Every year, lakhs of taxpayers eagerly await their refunds after filing ITR. However, in a rush, many commit small errors that can turn out to be costly.
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ITR Filing 2025: Final ITR Date And What Salaried Taxpayers Need To Know
The CBDT has extended the ITR filing deadline for salaried professionals to September 15, 2025, offering relief due to delayed data and system updates. Self-assessment taxes are still due by July 31, and late filings may attract penalties.
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FM Claims Access to WhatsApp Messages Led to Seizure of Crypto Worth Rs. 90 Crore
This week in Parliament, Finance Minister Nirmala Sitharaman stated that encrypted communication channels are being misused for financial crimes like money laundering and tax evasion. She revealed that authorities were able to seize over Rs. 90 crores in crypto assets from a syndicate thanks to access to WhatsApp messages.
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Is Digi Yatra Data Being Used To Identify Tax Evaders? Centre Clarifies
The Centre today refuted a report that said passengers' data from the Digi Yatra application was being used to crack down on tax evaders.
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"No Physical Records Damaged, No Data Loss": Income Tax Department After Fire
The income tax department on Tuesday said there was no data loss pertaining to taxpayers due the fire at its CR Building in ITO in which one official died.
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Analysing Swiss Bank Accounts Data Of Indians, Says Tax Body Chief
Central Board of Direct Taxes Chairman Nitin Gupta said Income Tax Department will analyse bank accounts of Indian nationals and organisations it received from Swiss Bank and will take action under black money Act in case any tax evasion was found.
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"Will Continue To Report Without Fear Or Favour": BBC As Tax 'Survey' Ends
The income tax officials left the offices of the BBC in New Delhi and Mumbai on Thursday night after a three-day survey which involved going through files and cloning data from some digital devices.
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48 Hours And Counting: Tax 'Survey' At BBC Offices On For Third Day
The Income Tax department's 'survey' at the BBC office here continued for the third straight day on Thursday as officials gathered financial data from select staffers and made copies of electronic and paper data of the news organisation.
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"Took Data By Cloning Server, Phones": NGO Oxfam India On Tax Searches
After Income Tax raids, NGO Oxfam says, "Will continue to work in public interest"
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Audit Report Flags Data Non-Sharing Between Tax Department, Home Ministry
The CAG has slammed the income tax department for not formulating a data sharing mechanism with the Home Ministry to keep track of foreign contributions received and their utilisation for the declared purpose by charitable trusts and institutions.
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Old Tax Vs New Tax Regime: What Budget 2026 May Change For India's Salaried Class
Government data shows this strategy is already working. For FY 2023-24, 72% of taxpayers, around 5.27 crore, chose the new tax regime.
-
Old Tax Vs New Tax Regime: What Budget 2026 May Change For India's Salaried Class
Government data shows this strategy is already working. For FY 2023-24, 72% of taxpayers, around 5.27 crore, chose the new tax regime.
-
Income Tax Officers To Access Your Bank, Social Media Accounts? A Fact Check
PIB clarified that Income Tax officials cannot access social media or email data of taxpayers unless a formal search operation is underway.
-
Income Tax Department Said to Target Over 400 Wealthy Binance Traders in Major Tax Evasion Crackdown
The tax authorities have launched an extensive investigation into over 400 wealthy Binance users for possible tax evasion between 2022 and 2025. Officials are examining peer-to-peer trades and payments via banks, Google Pay, and cash. Binance’s re-entry in 2024, following a $2.25 million (Rs. 20 crore) fine and registration with the FIU, has give...
-
"Proudly Made In India, Made For The World": Zoho Co-Founder On Data Hosting
Zoho has dismissed misconceptions about its data hosting, development practices and global operations.
-
ITR Return 2025: Is Your Refund Pending? Check For These 3 Mistakes
Every year, lakhs of taxpayers eagerly await their refunds after filing ITR. However, in a rush, many commit small errors that can turn out to be costly.
-
ITR Filing 2025: Final ITR Date And What Salaried Taxpayers Need To Know
The CBDT has extended the ITR filing deadline for salaried professionals to September 15, 2025, offering relief due to delayed data and system updates. Self-assessment taxes are still due by July 31, and late filings may attract penalties.
-
FM Claims Access to WhatsApp Messages Led to Seizure of Crypto Worth Rs. 90 Crore
This week in Parliament, Finance Minister Nirmala Sitharaman stated that encrypted communication channels are being misused for financial crimes like money laundering and tax evasion. She revealed that authorities were able to seize over Rs. 90 crores in crypto assets from a syndicate thanks to access to WhatsApp messages.
-
Is Digi Yatra Data Being Used To Identify Tax Evaders? Centre Clarifies
The Centre today refuted a report that said passengers' data from the Digi Yatra application was being used to crack down on tax evaders.
-
"No Physical Records Damaged, No Data Loss": Income Tax Department After Fire
The income tax department on Tuesday said there was no data loss pertaining to taxpayers due the fire at its CR Building in ITO in which one official died.
-
Analysing Swiss Bank Accounts Data Of Indians, Says Tax Body Chief
Central Board of Direct Taxes Chairman Nitin Gupta said Income Tax Department will analyse bank accounts of Indian nationals and organisations it received from Swiss Bank and will take action under black money Act in case any tax evasion was found.
-
"Will Continue To Report Without Fear Or Favour": BBC As Tax 'Survey' Ends
The income tax officials left the offices of the BBC in New Delhi and Mumbai on Thursday night after a three-day survey which involved going through files and cloning data from some digital devices.
-
48 Hours And Counting: Tax 'Survey' At BBC Offices On For Third Day
The Income Tax department's 'survey' at the BBC office here continued for the third straight day on Thursday as officials gathered financial data from select staffers and made copies of electronic and paper data of the news organisation.
-
"Took Data By Cloning Server, Phones": NGO Oxfam India On Tax Searches
After Income Tax raids, NGO Oxfam says, "Will continue to work in public interest"
-
Audit Report Flags Data Non-Sharing Between Tax Department, Home Ministry
The CAG has slammed the income tax department for not formulating a data sharing mechanism with the Home Ministry to keep track of foreign contributions received and their utilisation for the declared purpose by charitable trusts and institutions.
