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"income-tax"

  • Hyderabad: Gang inspired by ‘Special 26’ robs gold worth Rs 60 lakh from jewellry shop, arrested

    Gang posing as I-T officials, wearing fake identity cards barged into the shop at Pot Market in Secunderabad and robbed 1,700 grams gold bars worth Rs 60 lakh, by confining the workers, and fled
  • Income Tax ‘survey’ operations at BBC offices continues for third day 

    The operation that began at the British Broadcasting Corporation (BBC) offices in Delhi and Mumbai around 11:30 am on Tuesday has clocked more than 45 hours now, officials said.
  • On BBC searches, US invokes freedom of press

    "I would need to refer you to Indian authorities for the details of this search," State Department Spokesperson Ned Price said in a response to a question at the daily press briefing.
  • From savings to spending: What new IT rules tell us about govt’s intentions

    Presenting her budget on February 1, 2023, Sitharaman said the new IT regime will be the default one but those tax payers wanting to continue with the old one can still do so.
  • Reduction of IT slab rates welcomed: AP Finance Minister

    The budget was prepared giving priority to seven sectors, but the issues related to the states were not mentioned, he stated.
  • I-T searches on premises of Exel Group of companies in Hyderabad

    About 20 teams of IT officials were conducting simultaneous searches at 18 locations in Gachibowli, Mindspace, Bachupalli, Chandanagar, Kokapet, Babukhan LakeFront villas and other places in Hyderabad.
  • I-T probe against Minister Malla Reddy and kin continues for second day

    The I-T officials have again asked Ch Bhadra Reddy, younger son of Minister Malla Reddy and his relative M Rajasekhar, to present themselves for investigation on Wednesday.
  • IT Raids: Telangana High Court stays probe into case against IT official

    Malla Reddy and his younger son Bhadra Reddy had lodged a complaint against the I-T officials for forcibly taking signatures from the Minister's elder son Mahender Reddy on documents which mentioned that black money was found in his possession.
  • Rewind: Invoking Hanuman to spur manufacturing

    During the last four decades (1980-2020), the average profit of industries grew nearly 50 times, number of factories too doubled during the last decade compared with the rest of the decades. And yet, manufacturing reaching its potential fifth position in the world as predicted by BCG in 2013 remains distant
  • Tiger Cup: India Cements down Income Tax by 3 wickets

    Hyderabad: M Samhith Reddy hit 51 as India Cements defeated Income Tax by three wicket sin the knockout phase of the Nawab MAK Pataudi T20 Tiger Cup, on Tuesday. Brief Scores: Concorde 85/9 in 10 overs (G Arjun 3/19) bt Balaaji 68/6 in 10 overs (E Geeta Krishna 33); Balaji Colts 110/5 in 20 overs […]
  • How many ED raids on BJP leaders in last eight years?

    Hyderabad: Industries Minister KT Rama Rao sought to know as to how many Enforcement Directorate, Income Tax and CBI raids were conducted on BJP leaders during the last 8 years. How many ED, IT & CBI raids on BJP leaders or their kith & kin in last 8 years? Kya Sab Ke Sab BJP waale […]
  • CM KCR slams BJP-led Centre for forcing banks to write off Rs 11 lakh crore

    Hyderabad: TRS President and Chief Minister K Chandrashekhar Rao slammed the BJP-led union government for forcing the banks to write off Rs 11 lakh crore of people’s money from the books for the benefit of their corporate friends, but refusing to spend a few thousand crores of rupees for the benefit of farmers. He ridiculed […]
  • How to plan income tax and minimize tax liability

    But income tax is an important legal provision, and we should follow it honestly. However, as far as possible within the scope of the law, we should make the effort to minimize the tax liability through good planning. Hope this article enlightens the facts to our readers in this regard.
  • HCA Trophy: Akshath guides Income Tax team to victory

    Hyderabad: Former Hyderabad Ranji captain P Akshath Reddy scored 146 in 110 deliveries to guide Income Tax to a 72-run win over Evergreen Cricket Club in the final of the HCA A1 3 day one-day knockout tournament on Sunday. K Vamshi Krishna scored 94 while G Vikram Naik hit 52 for Evergreen Cricket Club. Brief […]
  • Income Tax team enter finals of HCA knockout tournament

    Hyderabad: M Shashank scalped four wickets as Income Tax defeated Zinda Tilismath by six wickets to enter the final of the HCA A1 3 Day one-day knockout tournament, on Thursday. For Income Tax, Sarthak Bharadwaj top-scored with 47 runs. Brief Scores: Zinda Tilismath 167 in 41 overs (M Shashank 4/34) lost to Income Tax 170/4 […]
  • Income Tax team enters semifinals in HCA knockout tournament

    Hyderabad: Former Hyderabad Ranji captain P Akshath Reddy scored 78 as Income Tax defeated Balaaji CC by four runs in the quarterfinal match of the HCA A1 3day one-day knockout tournament at ECIL, on Tuesday. Batting first, G Arjun and Geeta Krishna scalped four wickets each to skittle out Income Tax to 213 in 38.3 […]
  • Income Tax beat Khalsa by 81 runs in HCA Knockout Tournament

    Hyderabad: Habeeb Ahmed slammed 72 while former Hyderabad Ranji skipper P Akshath Reddy slammed 55 as Income Tax defeated Khalsa by 81 runs in the HCA A1 Three Day One day Knockout Tournament on Wednesday. Shiva Bhaskaren picked up four wickets for 45 while Mohd Babillail scalped three wickets for 32 for the winners. Brief […]
  • IT raids at Chinese mobile companies across country

    New Delhi: The Income Tax department on Wednesday conducted searches on several premises of Chinese mobile companies across the nation. These companies were allegedly violating rule and norms to evade taxes. They were on radar of several probe agencies, including the Income Tax department. Earlier, the Chinese firms who were allegedly running mobile loan application […]
  • As glitches galore I-T portal, can govt’s faceless scheme become its face saver

    Ever since its June 7 launch, the revamped I-T portal developed by Infosys has which was suppose as to usher taxpayers into a new era of tax administration, has become a system generating heartburns
  • IT raid on infra firm detects Rs 300 crore unaccounted income

    Hyderabad: A search and seizure operation carried out by the Income Tax (I-T) Department on the premises of a city-based real estate and infra company on June 6 found projection of false losses of approximately Rs. 1,200 crore, for which the assessees will have to pay tax. During the course of searches, it was found […]
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