Zoran Mamic resigns as Dinamo Zagreb manager after former Croatia international gets prison sentence for tax fraud
Mamic has no further avenue for appeal, and will have to go to prison upon receiving the formal notification of the court ruling.
'All state-level transport associations have confirmed their support to the AITWA, also in protest against the fuel price hike,' said association national president
The Income Tax department found discrepancies in AR Rahman's tax filing for the fiscal year 2011-12
Income Tax Dept raids 25 premises linked to Chhattisgarh govt officials, Raipur mayor Ezaj Dhebar on charges of tax evasion
The Income Tax department on Thursday raided at least 25 premises linked to Chhattisgarh government officials and others on charges of tax evasion, officials said
I-T dept seizes tax evaders’ assets worth Rs 1,052 cr till January this fiscal, carries out searches on 893 groups, says Nirmala Sitharaman
The Income Tax Department has seized assets worth Rs 1,051.79 crore up to January in the current financial year as it conducted searches on 893 groups, Finance Minister Nirmala Sitharaman said on Tuesday
GST authorities detect fraud of over Rs 214 cr, made bogus e-way bills to back fake invoices; accused arrested
The alleged case of input tax credit fraud was taking place through fake invoices issued by bogus firms.
CJI SA Bobde calls for speedy resolution of tax disputes, says move will free funds locked in litigation
The Chief Justice said tax judiciary plays a very important role in resource mobilisation of the country and expressed concern over pendency of cases.
Congress leader DK Shivakumar accorded tumultuous welcome from supporters in Bengaluru after getting bail in money laundering case
DK Shivakumar was arrested by the Enforcement Directorate on 3 September in a money laundering case
ED moves SC against Delhi High Court order granting bail to Congress' DK Shivakumar in money laundering case
ED has filed an appeal in the Supreme Court against the Delhi High Court order granting bail to Congress leader DK Shivakumar in alleged connection with a money-laundering case being probed by the agency
GST may have flaws but we cannot damn it; it is 'kanoon' of the country, says Finance Minister Nirmala Sitharaman
GST was launched across the country with effect from 1 July, 2017.
CCD founder VG Siddhartha's death fuels Corporate India's anger over govt's 'overzealous' crackdown on fraud, tax evasion
Tax collectors are also under pressure, government sources familiar with the matter have said, declining to be identified as they were not authorized to speak on the matter.
Finance Minister Nirmala Sitharaman on Wednesday asked taxmen to firmly deal with those who try to evade taxes and game the system but act as facilitators to those who want to pay taxes honestly
Additional tax burden on super-rich is flawed; goes against Narendra Modi's claim of kamdars over naamdars
Sitharaman's Budget can potentially disincentivise those who invest in high-value skills such as a surgeon or an architect, for instance
Shakira’s public relations firm says the Colombian pop musician has denied any wrongdoing when she testified before a judge as part of an investigation into her alleged tax evasion in Spain.
Arun Jaitley dismisses allegations of political vendetta, says I-T raids on basis of material evidence
Dismissing the allegations of political vendetta levelled by the opposition parties, Finance Minister Arun Jaitley Wednesday said revenue department acts objectively and conducts search operations only on the basis of material evidence
In which Amit Shah gives it to economists and critics: If economy is booming, govt income and spending are growing, fiscal deficit is falling, where's the crisis?
The success of demonetisation and GST is there for everyone to see, he said, except for the bigoted and the jaundice-eyed.
CBDT raises alarm as direct tax collection remains short of 15%; officials asked to pull up socks to achieve target
The officer expressed CBDT's disappointment at this situation and has asked the supervisory tax officials to pull up their socks and ensure no stone remains unturned to achieve the target.
Rationalise regime of standard deduction for salaried class; keep highly paid CEOs out of this facility
Standard deduction for the salaried class in its new avatar is one-size-fits-all — it is the same for both the CEO of a company and his lowly minion at the bottom of the heap.
Piyush Goyal's FY20 forecast of GST revenue growth is ambitious; any shortfall to affect social sector spending
An analysis shows that tax revenue forecasted in the year budget is presented often tends to be different from the actual revenue generated.
Matching of invoices of e-way bills with the sales shown in GSTR-1 will help taxmen in assessing whether the supplies have been accurately shown in sales return