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$The CBDT has asked the taxman to scrutinise cases where a taxpayer has filed a revised income tax return (ITR) post demonetisation and directed them to slap \higher tax rate\ in instances where black money is detected. (Photo: AFP/Representational)$ Business

Demonetised notes still being processed for accuracy, genuineness':...

As on date, 59 sophisticated Currency Verification and Processing (CVPS) machines are in operation in RBI for the...

11 Feb 2018 1:09 PM IST

The income tax department on Wednesday came out with draft notification for fresh registration of trusts who have carried out modification of their objects. (Photo: PTI)

DeMo depositors, all companies should file ITRs by Mar 31: I-T

Non-filing or incorrect filing of return of income may result in penalty and prosecution.

9 Feb 2018 1:38 PM IST

The 30-year-old went missing in May, according to media reports, and a crime of passion was suspected as she had been pregnant and married to another man at the time. (Photo: File/Representational)

Kolkata: CID summons IPS officer Bharati Ghosh for questioning

It is not clear whether Ghosh who is out of the state now will appear before the CID where she was once posted as...

6 Feb 2018 2:09 AM IST

Finance Minister Arun Jaitley meets President Ram Nath Kovind at Rashtrapati Bhavan before presenting the Union Budget 2018-19 in the Parliament. (Photo: Twitter | ANI)

Finally, rural India gets some attention

Jaitley's real game-changer was the National Health Protection Scheme, covering 10 crore poor families or 50 crore...

2 Feb 2018 4:53 AM IST

The government is considering converting GST Network- which is handling the IT infrastructure of the new indirect tax regime - into a state-owned company, an official source said.

GST, note ban brought 1.8 mn more people into I-T net: India

GST has led to a 50 per cent increase in the number of indirect taxpayers.

27 April 2018 12:27 PM IST

Prime Minister Narendra Modi will address the CPSE Conclave at Vigyan Bhawan on Monday, according to an official statement.

When will PM's promise of Rs 15L be deposited, asks RTI; PMO says not...

The PMO told the Central Information Commission that the query does not come under the definition of 'information' under...

24 April 2018 9:22 AM IST

People in many states are complaining of cash crunch at ATMs. (Photo: ANI | Twitter)

What the cash crunch foretells

The Reserve Bank, unconvincingly, denies that there is any cash crunch & alleges the inefficiency of banks in properly...

21 April 2018 12:26 AM IST

Officials said the department will keep an eye on the deposits in excess of Rs 2.50 lakh made in saving accounts and Rs 12.50 lakh in current accounts post demonetisation.

Note ban led to highest fake currency, suspicious transactions: FIU...

Number of STRs received in 2016-17 is 4,73,006 which is more than four times as compared to 2015-16.

20 April 2018 3:55 PM IST

Congress leader P Chidambaram on Friday criticised the Election Commission saying that by not announcing the Gujarat poll schedule, it has authorised Prime Minister Narendra Modi to declare the dates at his last rally, after all freebies for the state were doled out. (Photo: PTI)

Ghost' of demonetisation has returned to haunt govt: Chidambaram

Unusual spurt in demand for currency had led to many ATMs and banks running out of cash.

19 April 2018 8:38 AM IST

Indias cashless society

India's cashless society

TThe spectre of demonetisation queues at ATMs and banks returned to haunt citizens in many parts of the country.

19 April 2018 12:26 AM IST

GDP numbers scheduled to be released on May 31.

World Bank predicts 7.3 per cent growth for India

The apex international financial institution forecasted a rate of growth of 7.5 per cent for 2019 and 2020.

17 April 2018 10:00 AM IST

(Photo: Twitter/@CMMadhyaPradesh)

'Missing' Rs 2,000 notes conspiracy to create problems: Shivraj Singh...

Madhya Pradesh chief minister was apparently referring to news reports of ATMs running out of cash at some places in the...

17 April 2018 9:08 AM IST