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In its ongoing investigation into potential fraud involving commission payments made by insurance companies, income tax department notified two significant private banks, according to a report.

Income Tax Investigation against Insurers widens to Banks; Says Report

A 40-year-old man was arrested on suspicion of extorting money from a local jewellers while posing as an income tax department investigator.

A Conman Dupes Bhopal Jeweller in garb of IT Official

The Income Tax Department has notified that Form 10 now available for filing on Income Tax Portal, which was earlier notified via notification issued in August 2022.

Form 10 now available for filing on Income Tax Portal

The Income Tax Department's Investigation Wing from Mumbai conducted searches on several well-known Bollywood producers.

Breaking: Income Tax Department Raids at well known Bollywood Producers

This clarification was issued earlier in the day, when it was announced that India is considering overhauling its direct tax laws in order to streamline a complicated system of procedures and allow Prime Minister Narendra Modi to address income inequality if he wins election next year.

Income Tax Department clarifies No proposal before Government regarding Capital Gains Tax

The income tax department in India has issued notices to over 8,000 individuals who have made big gifts to charity trusts, suspecting them of tax cheating.

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Income Tax Investigation against Insurers widens to Banks; Says Report

A Conman Dupes Bhopal Jeweller in garb of IT Official

Form 10 now available for filing on Income Tax Portal

Breaking: Income Tax Department Raids at well known Bollywood Producers

Income Tax Department clarifies No proposal before Government regarding Capital Gains Tax

Income Tax Department sent Notices to around 8000 Taxpayers