Saturday, March 2, 2024

Topic: Income Tax

30 firms who donated Rs 335 Cr to BJP faced actions by ED, IT, reveals TNM, Newslaundry report

A report by The News Minute and Newslaundry has uncovered that over the past five financial years, at least 30 companies, contributing nearly Rs 335 crore to the Bharatiya Janata Party, faced actions from central agencies like Enforcement Directorate and Income Tax department.

IT department ordered withdrawal of Rs 65 crore from party’s accounts ‘undemocratically,’ alleges Congress

The Congress alleged on Wednesday that the Income Tax Department ordered Rs 65 crore to be withdrawn from its bank accounts “undemocratically” even though proceedings are underway before an appellate authority.

IT Dept freezes NewsClick’s bank accounts, “continuation of administrative-legal siege,” says news portal

As of the evening of December 18, NewsClick has been unable to make any bank payments due to action by the Income Tax Department, said the media house in a statement on Tuesday, 19 December.

IT raids at 40 premises linked to senior DMK MP, “It’s time they stop witch-hunt,” says Stalin

The income tax department on Thursday carried out searches at nearly 40 premises linked to senior Dravida Munnetra Kazhagam’s (DMK) leader and Lok Sabha member S Jagathrakshakan.

Income Tax raids at BBC offices in Delhi, Mumbai

Income Tax Department officials are conducting raids at the BBC office in Delhi and Mumbai on Monday, staffers informed Maktoob. The raids are happening...

Budget 2023: FM increases income tax free limit from Rs 5 lakh to Rs 7 lakh

In a major announcement, Union government hiked income tax rebate limit to ₹7 lakh under the new tax regime.