Articles
Prithviraj Sukumaran receives notice from Income Tax department
Days after the release of his film L2: Empuraan, director and actor Prithviraj Sukumaran has received a notice from the IT department. He has to respond to the same by April end
05 April,2025 03:32 PM IST | Mumbai | mid-day online correspondent
Amitabh Bachchan pays Rs 120 crore tax, check out his earning
Amitabh Bachchan has paid Rs 120 crore in taxes for the financial year of 2024-2025. He has paid more than what Shah Rukh Khan paid the previous financial as the highest tax payer
17 March,2025 10:21 PM IST | Mumbai | mid-day online correspondent
Modi govt trying to make India surveillance state through new I-T law: Congress
Congress spokesperson and the head of the party's social media department, Supriya Shrinate, said this is a warning for everyone as e-mail, social media, bank and trading accounts are under an attack now
06 March,2025 10:31 PM IST | New Delhi | PTI
Taxpayers declare over 29,000-cr worth foreign assets
The department and its administrative body -- Central Board of Direct Taxes (CBDT) -- began sending SMSes and emails on November 17, 2024 as part of this campaign
06 March,2025 10:25 PM IST | New Delhi | PTI
Sitharaman tables new Income Tax bill in Lok Sabha; Crypto defined under income
The new bill introduces simplified language and modern terminology, by replacing outdated terms and bringing in new ones to align with today's economy
13 February,2025 03:46 PM IST | New Delhi | mid-day online correspondent
Budget 2025: New Income Tax Bill likely to be tabled in Parliament on Thursday
The number of pages has been reduced substantially to 622, almost half of the current voluminous Act which includes amendments made over the last six decades
12 February,2025 12:31 PM IST | New Delhi | PTI
Thane tax consultant duped of Rs 8.66 lakh in cryptocurrency fraud
A tax consultant from Mumbra, Thane, lost Rs 8.66 lakh after falling victim to a fraudulent digital investment scheme. The police have booked ten individuals for cheating and criminal breach of trust.
10 February,2025 11:04 AM IST | Mumbai
BMC hunts for new revenue streams amid Rs 1.93 lakh crore commitments
Legal review underway for new charges on waste collection, slum properties and unmetered water use. “We understand that we have a significant number of projects in progress, but they will span the next five to six years. For 2025-26, 23 per cent of the total estimated revenue will come from fixed deposit withdrawals
07 February,2025 07:01 AM IST | Mumbai | Sameer Surve
Budget 2025: Sitharaman cuts taxes for middle class, here's what experts say
Sitharaman announced significant income tax cuts for the middle class in the Union Budget
01 February,2025 10:16 PM IST | Mumbai | mid-day online correspondent
Income Tax department raids properties of Pushpa 2, Game Changer producers
The properties of Pushpa 2 and Game Changer producers are being searched amid concerns of evading taxes after their films raked in crores of rupees at the box office
21 January,2025 02:31 PM IST | Mumbai | mid-day online correspondent