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Thursday, September 25, 2025
TopicIncome Tax Department

Topic: Income Tax Department

India’s direct tax collections double to more than Rs 1.85 lakh crore in 2021-22

The gross collection of direct taxes for this fiscal stood at over Rs 2.16 lakh crore, compared to Rs 1.37 lakh crore in the corresponding period of the preceding year.

I-T dept allows manual filing for foreign remittances as new portal faces glitches

The I-T department issued a circular allowing manual filing of Form 15CA/15CB required for foreign remittances with banks till 30 June and advised authorised dealers to accept them.

IT dept to launch a new e-filing portal for taxpayers on 7 June

The existing portal will not be available for a brief period of six days from 1 to 6 June to both the taxpayers as well as Income Tax department officials.

Modi govt scheme has reduced tax disputes by nearly 30%, but big cases still pose headache

Central PSUs have used the Vivad Se Vishwas scheme to settle relatively larger-sized disputes. But private sector and others have used the scheme to only settle low-value disputes.

CBI, ED, IT probes against opposition politicians — on at election time, off after that

Under Modi govt, there are many instances of these central agencies questioning or raiding opposition leaders when it can have political consequences. Later, probes go cold again.

ED, CBI, NIA and IT department have a lot at stake in upcoming assembly elections

Central investigation agencies are putting up valiant efforts yet again this election season. But they have always played an important role in Indian politics.

‘Not so sasti anymore’: Actor Tapsee Pannu takes dig after I-T raids on her, Anurag Kashyap

In Twitter thread, actor appeared to take jibe at raids, saying investigators had ‘found keys to an apartment in Paris and receipt for Rs 5 crore’. 

I-T Dept claims Rs 650 cr discrepancies after raids on Anurag Kashyap, Taapsee Pannu

The I-T department statement came as raids continued on the homes of Taapsee Pannu, Anurag Kashyap and his partners who launched Phantom Films for the second day.

I-T dept questions Robert Vadra in connection with benami assets case probe

Robert Vadra, who was questioned for about eight hours, said the action was aimed to “digress” from the “real issues” concerning the country like the farmers’ agitation.

Shivraj govt in a bind as ex-Congress MLAs named in MP ‘poll cash’ case are now in BJP

EC order is based on CBDT report that names several ex-Congress MLAs who defected to the BJP, including two cabinet ministers. MP govt to speak to EC in first week of January.

On Camera

Watch Bigg Boss 19 if you have nothing to do than watch men and women with nothing to do

The moment Salman’s Saturday and Sunday show time ends, the oxygen is sucked out of the Bigg Boss house. All that’s left is toxic dioxide.

Market regulator SEBI clears Adani Group of impropriety alleged by Hindenburg Research

SEBI probe concluded that purported loans and fund transfers were paid back in full and did not amount to deceptive market practices or unreported related party transactions.

‘Agni’ on the move—India successfully test-fires Agni-Prime nuclear missile from a train

With the latest test, India has the capability to launch a nuclear missile from under the sea, surface, air, and now from a railway network.

India doesn’t give walkovers to Pakistan in war. Here’s why it shouldn’t do it in cricket either

Many really smart people now share the position that playing cricket with Pakistan is politically, strategically and morally wrong. It is just a poor appreciation of competitive sport.