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Saturday, August 16, 2025
TopicIncome Tax

Topic: Income Tax

Govt orders restructuring of income tax dept & review of fresh cadre

The Central Board of Direct Taxes ordered creation of a panel of senior officials to accomplish the task within the next three months.

What happens in an income tax raid in India

There is no separate operation called an income tax ‘raid’. It’s a blanket term to cover searches and seizures.

Income-Tax department needs to stop thinking that it is the ‘real’ IRS

A rupee collected by indirect tax officers has as much worth to the nation’s well-being as a rupee collected by direct tax officers.

Pakistan’s Imran Khan problem, and income tax candy from Congress

A selection of the best news reports, analysis and opinions published by ThePrint in the last 24 hours.

We are the real IRS, don’t call us ‘I-T’, say India’s taxmen

IRS Association, largely comprising officers from the I-T dept, has written to the CBDT that they be referred to as IRS and not as IRS(I-T).

Cairn loses $216 million Vedanta stake as Indian tax row deepens

According to Bombay Stock Exchange, Cairn held about 5 per cent stake in Vedanta as of December 31.

In a first, cash-rich Indian cricket board furnishes its tax details under RTI Act

Move seen as a major step towards transparency given BCCI, for a long time, has been resisting attempts to bring itself under RTI.

Become a black money informant, take home up to Rs 5 crore, says Income Tax department

The new scheme hopes to encourage informants to spill the beans about undisclosed assets, both in India and abroad.

Middle of Nowhere Class: When just 2.56% pay 100% of India’s income tax & govt wants more

Governments treat the middle classes rudely and squeeze taxes out of them as they are the usual suspects – without lobbies or electoral power.

On Camera

SC’s stray dog order lit a match in Delhi. Are they a menace or companions?

The last time this matter flared up was when Delhi Chief Minister Rekha Gupta, in a very similar directive in April, called for the relocation of stray dogs in the capital.

Modi’s ‘Diwali bonanza’ for the common man—next-gen GST reforms, lower tax on daily-use items soon

Finance ministry says the proposed revamp will focus on structural reforms, rate rationalisation & ease of living, & will be deliberated upon in the coming weeks.

What is Project Sudarshan Chakra, announced by Modi from ramparts of Red Fort

The project is meant to be a ‘protective shield that will keep expanding’, the PM said. It is on the lines of the ‘Golden Dome’ announced by Trump, it is learnt.

War of IAF, PAF doctrines: As Pakistan obsesses over numbers, India embraces risk, wins

Now that both IAF and PAF have made formal claims of having shot down the other’s aircraft in the 87-hour war in May, we can ask a larger question: do such numbers really matter?