The taxman is tightening its grip on undeclared cash, with a recent tribunal ruling allowing the benami wing of the Income Tax department t...

The National Company Law Appellate Tribunal has cancelled insolvency proceedings against Ligare Aviation. The tribunal found the National C...

Indian residents investing in US stocks face forex gains tax. These gains are taxable as capital gains when US dollars are converted back t...

Tax authorities have uncovered a major scam involving fake agricultural income claims. Over 300 individuals claimed exemptions worth thousa...

Actress Celina Jaitly is navigating personal turmoil, including a legal battle involving her brother and a divorce from husband Peter Haag,...

The BJP has turned the spotlight on Rahul Gandhi's extensive global travels, calling for transparency over the sources of funding for these...

UFC 328 time: UFC allowed both men to do the traditional ceremonial faceoff on Thursday evening before security pulled both off the stage a...

The Enforcement Directorate is now looking into employee stock options from foreign firms given to Indian workers. This move aims to uncove...

Delhi Police busted a NEET scam, arresting four individuals, including a doctor, for allegedly extorting Rs 20-30 lakh from parents by prom...

A US-based son, Mr. Bussi, successfully challenged an Indian income tax notice after depositing Rs 11 lakh cash into his parents' account d...

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

The Gauhati High Court has rejected Congress leader Pawan Khera's anticipatory bail petition. This is in connection with allegations made a...

India’s tax department has asked NRIs and offshore entities to justify investments in unlisted shares, seeking details on fund sources and ...

Under the Act, a one-time compliance opportunity for a limited period was provided to those persons who have any foreign assets

The I-T department had raided the premises of a city businessman and after following the money trail, seized unexplained funds lying in dif...

A tax payer will get immunity under the scheme only in respect of unaccounted assets declared and not on the tax amount, which adds up to 4...

Finance minister Arun Jaitley in his budget had announced a four-month window to come clean by paying 30% tax plus a penalty of 7.5% and a ...