Tax Burden In India Shifts Towards The Super-Rich, 76% Of Income Tax Paid By Individuals In FY24 Came From Those Earning ₹50 Lakh+

The count of individuals reporting an annual income exceeding ₹50 lakhs surged to 9.39 lakh in…

India Sees 74% Drop In Income Disparity Since AY15, Direct Tax Collection Highest In 14 Years

A new report has revealed a cumulative 74.2 percent decline in income disparity coverage for those…

I-T Dept Carries Out Survey Operations In Delhi & Mumbai

A survey action under section 133A of the Income- tax Act, 1961(the Act) was carried out…

5 Suggestions To The Finance Minister For Budget 2022 From An Income Tax Paying Citizen

Budget making for a diverse and mammoth country like India is a herculean task. It is…

Income Tax Department conducts searches in Tamil Nadu

The Income Tax Department carried out search and seizure operations in Tamil Nadu in the case…

Income Tax Department conducts searches in Hyderabad

The Income Tax Department carried out search and seizure operations on two real estate developers engaged…

IT raids on Bollywood director Anurag Kashyap and actress Tapsee Pannu reveal discrepancies worth 650 crores

After the Income Tax (IT) department conducted raids at various places linked to actress Tapsee Pannu…

Income Tax Department conducts raids in Delhi

The Income Tax Department on Tuesday carried out search and seizure actions on a number of…