tax authority news

Assessee must comply with summons issued by tax authority: SC

Updated on Oct 07, 2025 06:55 am IST

Ex-F1 chief Bernie Ecclestone pleads guilty to tax fraud charge

Former Chief Executive of the Formula One Group Bernie Ecclestone

Updated on Oct 12, 2023 03:56 pm IST

Punjab-origin businessman banned for false UK tax returns

Investigators uncovered that between November 2011 and February 2015, the businessman knowingly caused the company to submit false tax returns.

chandigarh news

Updated on Aug 07, 2020 12:30 am IST

How to read the economic survey

Principal Economic Adviser to the Ministry of Finance, Sanjeev Sanyal, and Chief Economic Advisor, Krishnamurthy Subramanian, releasing Economic Survey 2019-20 during the press conference, in New Delhi

editorials

Updated on Jan 31, 2020 08:25 pm IST

The quest for a simpler and more efficient GST

Tax system design is full of difficult trade-offs, but there are powerful rules of thumb that can guide policymakers. Simplicity and stability are crucial — a complicated tax system is likely to be expensive, inefficient, and inequitable, while frequent policy changes make it difficult for taxpayers to plan

analysis

Updated on Dec 02, 2019 06:58 am IST

Lionel Messi says tax problems made him want to leave Barcelona

Lionel Messi

football

Updated on Oct 09, 2019 05:16 pm IST

Google agrees 945 million euros tax settlement with France

US internet giant Google has agreed a settlement totalling 945 million euros (USD 1.0 billion) to settle a tax dispute in France under an agreement announced in court on Thursday.

business

Published on Sept 12, 2019 09:02 pm IST

2 years on, a look at the hits and hurdles of Goods and Services Tax

The experience so far has not been encouraging on the fiscal front. The budget numbers speak for themselves.

budget

Updated on Jul 01, 2019 08:23 am IST

Supreme Court to examine arrest power of authorities

Mehta said the Telangana HC’s order that individuals cannot be granted protection from arrest in such cases was upheld by the top court, which on May 27 dismissed an appeal against the same.

india news

Updated on May 30, 2019 12:14 am IST

Supreme Court agrees to examine power of tax authorities to arrest individuals for GST evasion

The bench said that different high courts had taken different views in granting anticipatory bail to individuals accused of GST evasion and therefore, it needs to decide the question of law on the power of arrest.

business

Updated on May 29, 2019 12:34 pm IST

New ITR form wants more information

If you are a salaried individual, you will have to provide more details in the ITR form for the assessment year 2019-20.

business

Updated on Apr 15, 2019 10:34 am IST

No link between tax exemption and Rafale deal: Govt on report

The Congress has been raising the Rafale fighter jet deal on a regular basis in its electoral campaign against the BJP.

india news

Published on Apr 13, 2019 07:39 pm IST

Indian banks may take more than ₹20k-crore hit from PNB fraud: Tax department

The Punjab National bank said these fraudulent transactions had taken place over a number of years and amounted to ₹11,400 crore.

india news

Updated on Dec 28, 2018 03:29 pm IST

Thane gang dupes foreign nationals, asks them to pay ‘loan tax’ through bitcoins

A case under Section 420 (cheating) of the IPC and sections of the Information Technology Act was registered with Navghar police and several computers were seized.

india news

Published on Aug 25, 2018 10:19 pm IST