The I-T department had issued a notice to Ambani on August 8, 2022, for allegedly evading Rs 420 crore in taxes on undisclosed funds worth more than Rs 814 crore held in two Swiss bank accounts
Tax evasion investigations have been conducted by the Income Tax Department against two major luxury watch retailers in Delhi.
IRDAI has allowed insurers to offer health and most of the general insurance products to customers without its prior approval, but they come with their own set of challenges
It is possible to be the wealthiest person in the world, living in a country that raises tax on income, and still not pay any income tax
CBDT revises instruction for constitution and functioning of local committees to deal with taxpayers’ grievances from high-pitched scrutiny assessment by adjudicating officers
On September 8, the GST Intelligence issued a Rs 21,000-crore tax notice against Bengaluru-based Gameskraft Technology on charges of evasion
Rs 88.30 lakh in cash and 'incriminating documents' were recovered in raids on locations in MP and Goa linked to Sanjay Vijay Shinde.
Price of Bitcoin rose 6.40% in last 24 hours, Dogecoin up by 7.04%
In Bengaluru residential real estate, houses in the Rs60 lakh-3 crore range see maximum demand, shows data from Square Yards. In size, 3BHK apartments are most...
The direct tax collection for FY22 has beaten the revised estimate of Rs 12.50 lakh crore, as it stood at Rs 13.63 lakh crore as of March 17
The company, during the searches, had said it was 'firmly compliant' with Indian laws
Making a mistake may compel the taxpayer to file revised returns or face an inordinate delay in getting refunds, etc. It is always better to be on your guard...
Carlos Arthur Nuzman, who also headed the Rio 2016 organizing committee, was found guilty of corruption, criminal organization, money laundering and tax...
This was the third such exchange between the Swiss body and India under the framework of the global standard on the automatic exchange of information (AEOI).
The sweeping agreement was struck Friday among 136 countries after talks overseen by the Organization for Economic Cooperation and Development.
“Taxpayers should pay extra attention to savings bank Interest, gifts coming into the bank account, any large sum from the sale of capital assets to match...
The CBDT said the quantum of tax evasion detected so far amounts to Rs 700 crore spread over a period of six years.
The CBDT said the quantum of tax evasion detected so far amounts to Rs 700 crore spread over a period of six years.
The searches are being conducted in Bhopal, Jaipur, Ahmedabad and some other locations in the country.
CBDT said this move is aimed at mitigating ‘the difficulties being faced by various stakeholders’ amid the Covid-19 pandemic.
Basic economics shows that indirect taxation distorts the economy and how direct taxation is discriminatory in nature, as many are outside the purview of...
The Justice Department's investigation, centring on potential tax fraud crimes, had been going on at least a year before President-elect Joe Biden announced...
The leaked documents of Panamanian law firm Mossack Fonseca showed that 12 current or former heads of state are on the list of suspected money laundering.
The German Football Association (DFB) chose to give itself a "major tax advantage" by intentionally falsely declaring income, German prosecutors allege
