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Karnataka Energy minister D.K. Shivakumar at his residence in Bengaluru. (Photo: PTI)

Karnataka minister faces ED trouble

The income-tax department will restrict itself to examining the extent of tax evasion and the volume of black money.

5 Aug 2017 1:30 AM IST

The Union finance ministry said that there were some complaints that the taxpayers are not being able to log on to the e-filing website of I-T department or not being able to link Aadhaar with PAN.

E-verify your I-T returns in simple steps; Saturday is last day

Taxpayer can now avoid 'need' of either sending ITR-V by ordinary post or digitally sign it and upload it.

4 Aug 2017 6:20 PM IST

Aadhaar is a 10-digita unique identity given to every Indians.

Check whether your Aadhaar was also deactivated

So far, govt has issued over 111 crore Aadhaar cards and hopes to issue them to remaining population soon.

14 Aug 2017 3:42 PM IST

The Union finance ministry said that there were some complaints that the taxpayers are not being able to log on to the e-filing website of I-T department or not being able to link Aadhaar with PAN.

Do you know you can file 'Belated Return' under I-T Act?

Income Tax Act, 1961 defines different types of taxes and their last dates under various sections.

7 Aug 2017 3:17 PM IST

Chandrakant Khaire (Photo: Facebook)

2,000 crore illicit assets seized in three years

Finance ministry says black money rampant in real estate, finance, trading

30 Nov 2016 4:31 AM IST

Revenue Secretary Hasmukh Adhia (Photo credit: PIB)

No need to reveal source of deposits: Hasmukh Adhia

Revenue Secretary says, however, disclosures will not enjoy immunity from FEMA, PMLA, narcotics and black money law.

28 Nov 2016 5:16 PM IST

Finance Minister Arun Jaitley addressing a press conference in New Delhi. (Photo: PTI)

Up to 85% penalty on undisclosed income

Further, the declarants have to deposit 25 per cent of the undisclosed income in a scheme to be notified by the...

28 Nov 2016 4:06 PM IST

Representational image (Photo: PTI)

Rs 62 lakh in old notes found in Shillong

The functionaries of the Ramkrishna Mission informed the authorities and handed over the cash to the Income-Tax office.

26 Nov 2016 1:54 AM IST

The bag contained Rs 500 and Rs 1000 currency notes, which were demonetised by the government earlier this month.

Demonetisation: Rs 62 lakh in old notes dumped outside Ramakrishna...

The functionaries of the Ramakrishna Mission informed the authorities and handed over the cash to the Income Tax office.

25 Nov 2016 6:23 PM IST

(Representational Image)

Edu bodies, real estate top black money hoarders

During 2015-16, I-T Dept conducted 445 searches which discovered undisclosed income of Rs 11,066 crore.

25 Nov 2016 3:57 PM IST

The government may shortly include Aadhaar card as a valid document for filing income tax returns. (Photo: PTI/File)

Centre plans to make Aadhaar valid for filing I-T returns

Presently, a taxpayer is required to quote his or her PAN at the time of filing their income tax dues.

25 Jan 2017 3:43 PM IST

Sweeping changes in direct tax regime likely

Sweeping changes in direct tax regime likely

Research desk at SBI said that it expects an increase in personal income tax exemption limit from Rs 2.5 lakh to Rs 3...

24 Jan 2017 5:17 AM IST