Centre allows cash payment of Rs 2 Lakh for Covid treatment

In order to provide relief amid the ongoing second wave of the Covid-19 pandemic in the country, the Income Tax (I-T) department announced that hospitals and nursing homes can now accept cash payments of Rs 2 lakh or more for the treatment of coronavirus-infected patients till 31 May, 2021. Continue Reading

Huge tax scam unearthed in TN, CBI to probe

The Income Tax Department has found a huge scam in refund claims to the tune of Rs 3.42 crore in the names/accounts of employees working in government and private organisations, without their knowledge, by a private tax consultant. Continue Reading

Rs 4 crore worth gold seized by RPF at Central

RPF officials have seized gold jewellery weighing 8820.330 gram (worth Rs four crore) without proper documents from a train passenger in Chennai. Continue Reading

Rs 650 cr manipulated, says I-T dept after raiding Taapsee, Anurag

The Income Tax department has said that it found discrepancy and manipulation of income worth over Rs 650 crore during the searches at various places linked to actress Tapsee Pannu, filmmaker Anurag Kashyap and his partners of Phantom Films that shut down in 2018. Continue Reading

Have nothing to hide: Robert Vadra

After Income Tax Department recorded his statement in connection with Benami property case, Robert Vadra, the son-in-law of Congress interim president Sonia Gandhi, on Monday said that ‘he has nothing to hide’ and the ‘truth will prevail’. Continue Reading

I-T raids continue in TN for 2nd day

The Income Tax department today said it carried out searches on at 22 premises in Coimbatore, Erode, Chennai and Namakkal on a group engaged in the running of Educational Institutions and their associates, including a civil contractor, on Wednesday. Continue Reading

Amid political crisis, I-T raids Rajasthan Congress leaders

The Income Tax Department today raided two aides of Rajasthan Chief Minister Ashok Gehlot, even as a political crisis unfolded in the State due to rebellion by Deputy Chief Minister Sachin Pilot. Continue Reading