The Latest Breaking News from Income Tax

The Prime Minister's spokesman said it was not up to Work and Pensions Secretary Mel Stride to dictate tax policy after he claimed getting people back into work will boost the economy enough to reduce income tax by 2p

Think a high-yield savings account is a good idea? Don’t forget taxes on savings account interest.

Condemning Income Tax raids on the houses and business outlets of Congress leaders and supporters on Saturday, Karnataka Pradesh Congress Committee (KPCC) spokesperson and former Minister Priyank Kharge questioned the timing of the raids ahead of Assembly Elections in the State.

The Indian Revenue Service (IRS) Association has condemned the killing of an income tax officer by a mob in violence-hit Manipur. The IRS officer’s death followed that of Chonkholen Haokip, a CRPF constable of the force’s elite CoBRA unit who was on leave.

The full New State Pension is worth £10,600 over the 2023/24 financial year.

The government is not collecting enough money, and you are paying too much, says the former Treasury boss.

G Square Realtors Pvt. Ltd. has denied reports of the seizure of ₹3.50 crore during income tax searches conducted at its offices recently

Brazilian President Luiz Inacio Lula da Silva pledged on Sunday to introduce a new policy of real increases in the minimum wage and announced plans to raise the income tax exemption for lower-income earners.

Tax evasion of more than Rs 500 crore has been detected by the officials of the Income Tax Department in the raids going on for three days on the Gallantt Group involved in real estate and steel business in several states of the country. It is estimated that this figure…

Before environment lawyer-activist Ritwick Dutta was booked by the CBI, an income tax department report had last year accused him of opposing overseas projects led by Indian entities, including the Adani Group. It had also accused him of using foreign money to partner with domestic NGOs, including an RSS affiliate.

Several Income Tax teams on Wednesday raided at various locations of Gallantt Ispat Limited in UP, Gujarat, Delhi and West Bengal over alleged massive tax evasion. Read further on Dynamite News: