A one-time amnesty scheme, the FAST-DS, has been introduced to help Indian residents and NRIs resolve past non-compliance with reporting fo...

An Indian employee faced a Rs 10 lakh penalty for not disclosing foreign ESOPs in his Income Tax Return. The Income Tax Appellate Tribunal,...

The government has levied over Rs 35,105 crore in tax and penalties and filed 163 prosecution complaints under the Black Money Act by March...

In the four fiscals starting 2018-19, a total of 349 assessment orders were passed and a demand totalling Rs 13,566 was raised.

The Delhi High Court on Monday refused to quash an Enforcement Directorate money laundering case against media baron Raghav Bahl, saying th...

Any presumption that offshore trusts have illicit money would be unfair. Some fear that authorities could retroactively apply the stringent...

Replying to a question in the Rajya Sabha, Minister of State for Finance Pankaj Chaudhary also informed that taxes collected so far amount ...

"The net direct tax collection in the 1st quarter of FY 2021-2022 is Rs 2,46,519.82 crore as against Rs 1,17,783.87 crore during the same p...

The trusts and companies led by the spiritual guru, who propounded what he called "oneness philosophy", were also likely to face probe unde...

The apex court's order came on an appeal filed by the Centre against the May 16 order of the high court.

Khaitan's advocate had opposed the ED's submissions and accused the agency of forging documents

Nirav Modi, his uncle Mehul Choksi and others are accused in a Rs 14,000 crore fraud at state-owned Punjab National Bank (PNB).

The anti-money laundering court was informed about this when Qureshi was produced before it by the ED for custody.

The son of former finance minister P Chidambaram rubbished the charge, and said he had disclosed the details of the asset in his tax return...

Government has notified the rules for calculating overseas income and assets under the stringent foreign black money law that came into for...

The Kerala High Court today declared as "unconstitutional" the imposition of service tax on luxury hotels by the Centre by amending the Fin...

Dr R K Dhawan, Chairman (NR), Federation of Indian Export Organizations (FIEO) has expressed disappointment and stated that the imposition ...