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Prime Minister Narendra Modi waves to supporters as he campaigns for his party in the Uttar Pradesh state elections in Varanasi. (Photo: PTI)

Still waiting for good times

After three years of Modi Sarkar, we are still nowhere close to achche din.

25 May 2017 6:25 AM IST

Tax payers will also need to quote their Aadhaar number while filing their returns as per the recently passed amendments in the Finance Bill.

I-T dept unearths 400 benami deals, attaches Rs 600-cr properties

Crackdowns form part of tax dept's efforts to implement new Benami Act to ensure visible outcomes.

24 May 2017 6:49 PM IST

The CBDT said it has noticed that taxpayers and professionals have not been able to keep up with the pace of change and hence wide gap has emerged between the initiatives undertaken by the department and the acceptance by the stakeholders.

CBDT extends deadline for tax settlement scheme

The scheme provides for waiving interest and penalties if the principal amount involved in retrospective tax cases is...

30 Dec 2016 1:21 PM IST

Stacks of currency notes that was found at Rohit Tandons Greater Kailash residence during a raid by Delhi Police crime branch. (Photo: PTI)

IT detects Rs 4,172 cr undisclosed income, seizes new notes worth Rs...

Official sources said the tax man carried out a total of 983 search, survey and enquiry operations.

30 Dec 2016 10:46 AM IST

Delhi lawyer Rohit Tandon, arrested in connection the money laundering case, is taken away from Enforcement Directorate office in New Delhi. (Photo: PTI)

ED arrests Delhi lawyer Rohit Tandon linked to Lodha

Sources claimed that as the required information was not coming forth from Tandon, he had to be taken into custody.

30 Dec 2016 1:45 AM IST

S&P corporates and banks are likely to face short-term downside risk as the demonetisation-induced cash crunch will curtail GDP growth.

0.5 per cent holds half of cash

Less than half per cent of population deposited nearly half of total cash.

30 Dec 2016 1:04 AM IST

Stacks of currency notes that was found at Rohit Tandons Greater Kailash residence during a raid by Delhi Police crime branch. (Photo: PTI)

Delhi lawyer Rohit Tandon held after Rs 14 cr seized from his office

ED suspects Tandon was allegedly instrumental in the illegal conversion of demonetised currency worth about Rs 60 crore.

29 Dec 2016 10:59 AM IST

People queue up at an ATM to withdraw cash in New Delhi. (Photo: PTI)

A boon or a bane?

The trauma of demonetisation far outweighs any gains it might eventually produce.

29 Dec 2016 4:05 AM IST

Image for representational purpose only

SP MLA bodyguard's a/c credited with almost Rs 100 cr

He had gone to withdraw money from an ATM last night where he found that his account was credited with a total of Rs...

4 Jan 2017 4:06 PM IST

TMCs Mahila wing takes out a rally against demonetisation in the city. (Photo: Abhijit Mukherjee)

CM Mamata Banerjee's note ban protests in Delhi will fail: BJP

Banerjee is presently in Delhi and she attended the meeting of opposition parties today which was convened by the...

28 Dec 2016 3:45 AM IST

Prime Minister Narendra Modi. (Photo: PTI)

Wasn't voted to cut ribbons, but fight black money menace: Modi

Prime Minister Modi said India, which used to be called the 'bird of gold', has been looted by its very own people.

27 Dec 2016 3:09 PM 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.

I-T to levy 137 per cent penalty on black money recovery

The department says tax dodgers can come clean by paying 50 per cent on bank deposits post demonetisation.

27 Dec 2016 10:50 AM IST