scorecardresearch
Tuesday, July 22, 2025
TopicIT department

Topic: IT department

Cafe Coffee Day owner Siddhartha’s signature is different on his letter: Income tax dept

After Cafe Coffee Day promoter Siddhartha's disappearance, a letter saying 'I gave up' surfaced. According to the IT dept, Siddhartha admitted to holding black money.

SEBI, ED and CBDT – the new hurdles in Modi govt’s war on bad loans

A spate of legal challenges mounted by SEBI, ED & CBDT are derailing a 270-day resolution deadline set by the insolvency law.

I-T searches 50 locations of people linked to MP CM Kamal Nath

The officer on special duty was appointed after Congress came to power in the state last year.

CBDT raises alarm as direct tax collection falls 15% short of target

CBDT member Neena Kumar has said as against the budget collection target of Rs 12,00,000 crore, only 85.1% of the target has been collected as on 23 March. 

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.

Vijay Mallya’s stud farm in Karnataka is selling horses to stay afloat

Vijay Mallya has owned the top-rated Kunigal Stud Farm since 1988, but after his escape to London, it has been struggling financially & is facing foreclosure.

Under Modi govt, number of crorepati taxpayers has risen by 60%

Central Board of Direct Taxes chairman Sushil Chandra says these numbers are a result of a number of efforts by the tax department over the last few years

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.

The Quint’s Raghav Bahl warns tax sleuths not to access journalistic material during raid

Income Tax dept searches premises of Raghav Bahl’s The Quint in a case of alleged tax evasion.

On Camera

Bihar mimics 19th-century American South. Citizenship is now weaponised to exclude voters

Disenfranchisement by institutional fiat is profoundly undemocratic. The effect of the ECI's new documentary process in Bihar will tilt the scales in favour of the BJP.

India-US set to ink mini trade deal soon, reach understanding on agricultural & dairy products

Mini deal will likely see no cut in 10% baseline tariff on Indian exports announced by Trump on 2 April, it is learnt, but additional 26% tariffs are set to be reduced.

Not just AK-203, India & Russia to jointly manufacture AK-19 and PPK-20 for domestic use and export 

India-Russia JV is also racing to deliver 7,000 more AK-203 assault rifles by 15 Aug. These are currently being made with 50% indigenisation and this will surge to 100% by 31 December.

Strategic partner one day, tactical nightmare the next: India’s learning Trumplomacy the hard way

Public, loud, upfront, filled with impropriety and high praise sometimes laced with insults. This is what we call Trumplomacy. But the larger objective is the same: American supremacy.