Bharat Express

Income Tax

In 2021, the Central Government had ordered NGOs across the country to re-register with the Income Tax Department to get income tax exemption. The central government extended the date for registering institutions five times.

Income Tax raids underway at 25 locations in West Bengal in connection with TMC MLA Bayron Biswas’s business across the state in his hospitals, education institutes & his businesses in Murshidabad district of West Bengal being raided by IT officials.

On Thursday, the IT department raided many premises connected to different alcohol manufacturing companies in Odisha and Jharkhand, seizing approximately ₹300 crore.

This highlights the intricate and extensive nature of the ongoing investigation into the financial dealings of Boudh Distilleries Private Limited.

After complaints of tax theft and unaccounted transactions, the Income Tax department officials initiated a raid on Thursday morning.

Modi said he recently came across two insightful research pieces which would interest all those passionate about India's economy: one from SBI Research and another by journalist Anil Padmanabhan.

Chairperson of Central Board of Direct Taxes (CBDT), Nitin Gupta addressed the 164th Income Tax Day and informed that for the financial year 2022-23, more than 4 crore ITR (Income Tax Returns) have been filed.

28 lockers belonging to the Uflex Group and its representatives have been shut by the department in various cities.

Tax is considered as a burden and not a price we pay for civilization. The number of people who file income tax is around seven crore, but unfortunately for the country, hardly three crore people out of them, pay tax..

The survey teams are seeking answers on financial transactions, the company structure, and other details about the news company.