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3 mins read

The Democrats' big climate and tax bill could bring an extra benefit — making your tax refund come on time

Millions of Americans waited on tax refunds for months due to an overstrained IRS. Now, Democrats a…

Juliana Kaplan   


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1 min read

I-T department issued over 5,000 notices, recovered Rs 4,200 crore cash since demonetisation

After November 8th, about 1,000 surveys and search and seizure operations were conducted across the…

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1 min read

Tea seller gives Rs 1.5 crore in dowry for daughters; under I-T lens

A video went viral in which, Leela Ram Gujjar, who owns a tea stall at Haduata near Kothputli, i…

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1 min read

I-T officials raid 40 locations linked to Madhusudan Ghee in Mumbai

The Income Tax department on Wednesday conducted search operations at around 40 premises belonging …

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I-T raids in Delhi, Jaipur in tax evasion case against Raj group

They said the department initiated action on the basis of inputs of huge cash transactions taking p…

PTI   


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I-T officials raid Tamil Nadu chief secretary’s house in a money laundering case

According to sources, the chief secretary was under the I-T scanner for quite some time. I-T offici…

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1 min read

Tax officials raid Delhi Axis Bank branch, unearth 44 fake accounts with Rs 100 crore

The raid took place in Delhi's Chandni Chowk area during which tax sleuths recovered nearly Rs 100 …

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1 min read

IT department just raided a renowned diamond merchant in Mumbai for dealing in banned notes

While an official report is awaited, the ET had reported earlier that some diamond merchants are de…

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2 mins read

Here’s what will happen to new currency notes seized during raids to check black money

In this regard, the ED has asked zonal units to deposit new currency notes along with all other cur…

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1 min read

Crores seized in I-T raid conducted in Kolkata and Siliguri

The IT officials had seized cash in tunes of several crores stocked in the offices and business pre…

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3 mins read

Finance Minister Nirmala Sitharaman reveals government is investigating multiple Chinese smartphone makers for tax evasion

Chinese smartphone makers occupy a huge share of the Indian market, and companies like Xiaomi, Oppo…

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24 mins read

Inside the rise and fall of Occupy Wall Street, and why even its organizers won't say it worked

A decade after the Occupy Wall Street movement started, its organizers reflect on the movement - an…

Carter Johnson,Jack Newsham,A…   


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1 min read

Office boy from the slums gets Rs 5.4 crore I-T notice, for money-laundered by 4 others

He immediately approached Thane superintendent of police Mahesh Patil who directed a probe after ex…

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4 mins read

Trump's tax records show his businesses lost so much money over a decade, he didn't have to pay income taxes for 8 of those ten years

The Times' reporting does not answer lingering questions about Trump's more recent tax returns, whi…

David Choi   


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2 mins read

The Income Tax department will slap you with these 4 notices if you try to deposit black money

If you are going to deposit money in your bank account in coming days, here’s a checklist and if yo…

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Tax officials conduct searches against bureaucrats; detect Rs 20 crore black money, luxury cars

"Documents showing undisclosed investments in farm houses spread over hundreds of bighas and i…

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1 min read

Deposited Rs 10 lakh or above in banks post demonetisation? Taxmen are coming after you

The step is being taken to bring in more transparency in the system. All officials have been briefe…

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1 min read

Biggest crackdown on black money: Tax officials seize Rs 105 crore in new and old currencies, 125kg gold in Chennai, Vellore

The officials raided premises belonging to industrialist Shekhar Reddy, his associate Srinivasa Red…

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1 min read

I-T Department has yielded whopping Rs 2,900 crore in record 586 searches in just one month

The I-T officials yielded more than Rs 300 crore in cash seizures, Rs 79 crore in new currency note…