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Saturday, November 15, 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

Why Tejashwi Yadav failed—Bihar changed, RJD didn’t

RJD, once a prominent representative of Mandal politics, now finds itself in a political era where welfare, good governance, and new aspirations are overshadowing old caste equations.

As govt starts rolling back Quality Control Orders, a look at adverse impact they had, mainly on MSMEs

Between 2016 and 2025, around 700 QCOs were issued by the government. Now, it has withdrawn 69 of them.

Drone manufacturer ideaForge wins orders worth over Rs 100 crore from Army

ideaForge has formed a joint venture to manufacture and market UAVs in the US. Its Q6 UAV is now included in NATO and allied procurement systems.

INDIA has a Congress-sized hole. And the fix begins with a little humility

Without a Congress revival, there can be no challenge to the BJP pan-nationally. Modi’s party is growing, and almost entirely at the cost of the Congress.