14 Apr 2019
The Uttar Pradesh Special Task Force (STF) and the sales tax department have unearthed Rs. 13 crore tax fraud case involving two subsidiaries of a company which carried out the embezzlement by means of bogus invoicing, officials said Saturday.
26 Nov 2018
In a bid to prevent tax frauds, the Income Tax Department has come up with new rules on PAN cards.
13 Nov 2018
The Form 26AS, also known as Tax Credit Statement, is one of the important documents required for filing Income Tax Returns.
03 Aug 2018
Vijay Ratnakar Gutte, director of 'The Accidental Prime Minister', was arrested for alleged GST Tax fraud.
26 Jun 2018
Since enacting stringent laws on benami properties in November'16, the Income Tax (I-T) department has attached more than 1,500 such assets collectively worth Rs. 4,300cr.
21 Jun 2018
Two years after the scandalous Panama Papers leak, the whistleblowers, including the International Consortium of Investigative Journalists (ICIJ) and Indian Express, have come up with a staggering 1.2mn fresh documents.
20 Apr 2018
After several tax-evasion cases by salaried employees emerged in Bengaluru, Mumbai and Ludhiana, the income-tax department issued a caution recently asking tax payers not to under-report their income or claim incorrect deductions.
06 Apr 2018
The I-T Department is working on new rules to encourage people to provide information on tax evasion and benami transactions.
04 Apr 2018
A week after freezing bank accounts of Cognizant Technology Solutions in a Rs. 2,500cr tax-evasion case, the Madras HC has asked it to pay 15% (Rs. 420cr) to I-T in two days.
28 Mar 2018
The Income Tax (I-T) department has frozen some bank accounts of Cognizant Technology Solutions India P Ltd over alleged tax evasion to the tune of Rs. 2,500cr.
05 Mar 2018
Even as the Rs. 12,650cr PNB scam rages on, another massive fraud has come to light in which 447 companies illegally diverted funds worth Rs. 3,200cr to their own businesses.
03 Mar 2018
Trouble continues to mount for Croatian captain and Real Madrid ace midfielder Luka Modric, as Croatia's state attorney has charged the footballer with giving false testimony in a criminal trial.
14 Feb 2018
Vijay Mallya owes Rs. 9,800cr to Indian banks. Another Rs. 577cr was just added to his debts after Kingfisher Airlines lost a case against Singapore's BOC Aviation.
08 Feb 2018
Manchester United fans are thanking their stars right now.
05 Feb 2018
Billionaire diamond merchant Nirav Modi, his brother and wife have been booked by the CBI for allegedly cheating Punjab National Bank (PNB) of Rs. 280.7cr in 2017.
30 Jan 2018
I-T has provisionally attached Shah Rukh Khan's Deja Vu Farms Pvt Ltd at Alibaug under the Prohibition of Benami Property Transactions Act (PBPT).
30 Jan 2018
A drug peddler was nabbed in Bengaluru, only because he decided to file his income tax returns.
11 Jan 2018
Four more witnesses have reportedly testified against ousted-Pakistani PM Nawaz Sharif before an anti-graft court.
25 Dec 2017
It is now impossible for the tax defaulters/evaders to escape from the clutches of the Income Tax Department, as the Centre has amended the I-T rules, empowering the tax authority.
22 Dec 2017
India and Switzerland have signed a deal that would allow both to automatically share tax-related data from 2019.
29 Nov 2017
The 1976 Dharmendra-Hema Malini starrer superhit 'Charas' has ran into legal trouble more than four decades later.
24 Nov 2017
The GST Council, in its 23rd meeting in Guwahati, reduced the Goods and Services Tax rate for restaurants to 5% from 18%, which was expected to make eating out cheaper.
13 Nov 2017
One of the Indians named in the Paradise Papers leak is British citizen Raj Kundra, Shilpa Shetty's husband, and his parents.
08 Nov 2017
Numerous big names, including Queen Elizabeth-II and US commerce secretary Wilbur Ross have been named in the recently leaked Paradise Papers.
07 Nov 2017
The Paradise Papers revealed how Apple -the world's most profitable company- avoids billions in taxes using a secretive strategy.
07 Nov 2017
Lewis Hamilton's name has appeared in the massive "Paradise Papers" leak which revealed that the Formula 1 champion dodged tax on his 16.5 million luxury jet.
27 Sep 2017
Investigators from Hyderabad's Central Crime Station (CCS) have busted at least 200 IT employees for faking disability and chronic illness of family members to claim income tax refunds fraudulently.
05 Aug 2017
Several stars of Bollywood including Ranbir Kapoor, Ajay Devgan, Arjun Rampal, Riteish Deshmukh and even Salman Khan are under the scanner of the Comptroller and Auditor General (CAG) for alleged tax anomalies.
28 Jul 2017
Data analytics is one of the most lucrative career options in today's age. But most Indians probably weren't expecting the government's plans with it.
26 Jul 2017
Filing taxes shouldn't tax your brain. But we do end up making some mistakes every now and then, which later create problems.
25 Jul 2017
At least two officials of the realty group Amrapali were arrested by the Gautam Budh Nagar district administration for committing fraud on Tuesday.
21 Jul 2017
The ED has filed a case against a chartered accountant linked to RJD chief Lalu Prasad's daughter Misa Bharti.
18 Jul 2017
The window to file your income tax returns is ongoing, scheduled to end on July 31.
24 Jun 2017
Bengaluru-based healthcare start-up Practo is reportedly being probed by the Income Tax department for tax evasion allegedly through a cross-border corporate restructuring.
20 Jun 2017
Spanish prosecutors accused Manchester United manager Jose Mourinho of tax fraud during his managerial stint with Real Madrid.
13 Jun 2017
Soccer star Cristiano Ronaldo has been accused of defrauding Spanish tax authorities of €14.7 million in 2011-14.
13 Jun 2017
On June 13, the Westminster Magistrates Court in London will hear the extradition case of Vijay Mallya, where the Crown Prosecution Service will argue for the Indian government; CBI earlier provided officials necessary documents.
24 May 2017
Barcelona front man Lionel Messi and his father have lost an appeal against the Spanish Supreme Court's 21-month suspended prison sentence and €2 million fine imposed on Messi.
09 May 2017
The Supreme Court has found businessman Vijay Mallya guilty of contempt of court, and has summoned him before it on 10 July.
05 May 2017
Brazilian footballer Neymar is all set to face trial over the charges of corruption during his transfer to Barcelona in 2013.