Income Tax Surveys

Finance Minister Nirmala Sitharaman today announced big relief for taxpayers and a mega push for capital spending and infrastructure as she unveiled the government's last Budget before the 2024 national election.

To promote the cooperative sector, the government on Wednesday announced a slew of measures, including a concessional tax of 15 per cent to promote new societies focusing on manufacturing and a higher limit of Rs 3 crore for TDS on cash withdrawal.

The defence budget was increased to Rs 5.94 lakh crore for 2023-24 from last year's allocation of Rs 5.25 lakh crore.

Finance Minister Nirmala Sitharaman announced a big ticket budget ahead of next year's general elections which focussed on infrastructure and agri sectors and reworked tax slabs in a relief to the middle class.

Finance Minister Nirmala Sitharaman today announced in her Budget speech that a National Digital Library for children and adolescents will be set up for facilitating the availability of quality books.

Budget 2023: Ahead of the presentation of Union Budget 2023-24 in the Parliament on Wednesday, Minister of State for Finance Pankaj Chaudhary said that the budget will incorporate the expectations of every section of society and will stand on everyone's expectations.

Finance Minister Nirmala Sitharaman announces Budget 2022. She is expected to raise spending on infrastructure but fiscal constraints leave little room for concessions for pandemic-hit households.

The Delhi High Court Friday sought Income Tax Department's stand on a plea by online news portal Newslaundry and its co-founder Abhinandan Sekhri to restrain any leakage of the material seized during a survey operation held earlier this month.

Actor Sonu Sood's offices in Mumbai and a company in Lucknow linked to him were raided by the Income Tax department on Wednesday, sources said.

A day after Income Tax officers spent over 12 hours at the offices of news websites NewsClick and Newslaundry - calling it a "survey" linked to tax evasion allegations - Newslaundry co-founder Abhinandan Sekhri tweeted an official statement.

Income Tax officers visited the offices of news sites NewsClick and Newslaundry today, calling it a "survey".

The IT department gathered evidence of tax evasion regarding wrongful claims of deduction under section 80JJAA of Income-tax Act, 1961.

In a statement on Friday, the Ministry of Finance said, "The government imposed a tax collection at source (TCS), akin to TDS on remittances after an internal survey by the income tax department which showed that not only year-on-year more and more money is being sent under LRS but also a large number of those sending out money had not filed income...

Budget 2020: The Union Budget 2020 is based on three themes - Aspirational India, economic development for all, and caring society. The Income tax rates have been cut, 10% for income of Rs 5-7.5 lakh against earlier 20%

Finance Minister Nirmala Sitharaman started her Budget 2020 speech with tributes to her former counterpart Arun Jaitley. "I pay homage to the visionary leader late Shri Arun Jaitley," she said as she presented her second Union Budget today, amid a slowdown in the economy. "The fundamentals of the economy are strong, and that has ensured macroeconom...

Finance Minister Nirmala Sitharaman today announced big relief for taxpayers and a mega push for capital spending and infrastructure as she unveiled the government's last Budget before the 2024 national election.

To promote the cooperative sector, the government on Wednesday announced a slew of measures, including a concessional tax of 15 per cent to promote new societies focusing on manufacturing and a higher limit of Rs 3 crore for TDS on cash withdrawal.

The defence budget was increased to Rs 5.94 lakh crore for 2023-24 from last year's allocation of Rs 5.25 lakh crore.

Finance Minister Nirmala Sitharaman announced a big ticket budget ahead of next year's general elections which focussed on infrastructure and agri sectors and reworked tax slabs in a relief to the middle class.

Finance Minister Nirmala Sitharaman today announced in her Budget speech that a National Digital Library for children and adolescents will be set up for facilitating the availability of quality books.

Budget 2023: Ahead of the presentation of Union Budget 2023-24 in the Parliament on Wednesday, Minister of State for Finance Pankaj Chaudhary said that the budget will incorporate the expectations of every section of society and will stand on everyone's expectations.

Finance Minister Nirmala Sitharaman announces Budget 2022. She is expected to raise spending on infrastructure but fiscal constraints leave little room for concessions for pandemic-hit households.

The Delhi High Court Friday sought Income Tax Department's stand on a plea by online news portal Newslaundry and its co-founder Abhinandan Sekhri to restrain any leakage of the material seized during a survey operation held earlier this month.

Actor Sonu Sood's offices in Mumbai and a company in Lucknow linked to him were raided by the Income Tax department on Wednesday, sources said.

A day after Income Tax officers spent over 12 hours at the offices of news websites NewsClick and Newslaundry - calling it a "survey" linked to tax evasion allegations - Newslaundry co-founder Abhinandan Sekhri tweeted an official statement.

Income Tax officers visited the offices of news sites NewsClick and Newslaundry today, calling it a "survey".

The IT department gathered evidence of tax evasion regarding wrongful claims of deduction under section 80JJAA of Income-tax Act, 1961.

In a statement on Friday, the Ministry of Finance said, "The government imposed a tax collection at source (TCS), akin to TDS on remittances after an internal survey by the income tax department which showed that not only year-on-year more and more money is being sent under LRS but also a large number of those sending out money had not filed income...

Budget 2020: The Union Budget 2020 is based on three themes - Aspirational India, economic development for all, and caring society. The Income tax rates have been cut, 10% for income of Rs 5-7.5 lakh against earlier 20%

Finance Minister Nirmala Sitharaman started her Budget 2020 speech with tributes to her former counterpart Arun Jaitley. "I pay homage to the visionary leader late Shri Arun Jaitley," she said as she presented her second Union Budget today, amid a slowdown in the economy. "The fundamentals of the economy are strong, and that has ensured macroeconom...