income tax


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TV producers get three months jail for income tax delay

TV production company and its directors Yash Patnaik and Mamta Patnaik have been sentenced to three months imprisonment for not submitting ?8.37 crore income tax.

HT Image
Updated on May 22, 2023 12:33 AM IST

IT department seeks to tax Netflix India's income: Report

With taxing Netflix, this will be first time India will tax overseas digital companies providing electronic commerce services to consumers.

Smartphone with Netflix logo is placed on a keyboard.(REUTERS)
Updated on May 12, 2023 02:55 PM IST
Reuters | | Posted by Singh Rahul Sunilkumar

Congress's ‘40% commission’ dig as PM Modi dials top Karnataka BJP leader

Prime Minister Narendra Modi held a telephonic conversation with Karnataka BJP leader and former minister KS Eshwarappa,

Karnataka BJP leader KS Eshwarappa.(PTI file)
Updated on Apr 21, 2023 01:38 PM IST

Centre plans to charge more direct tax from rich to reduce income inequality

India’s reliance on indirect taxes rather than direct taxes on capital is often cited as the main culprit behind the country’s poor getting left behind.

At the heart of the rework is potential increases in capital gains taxes for top income earners.
Updated on Apr 18, 2023 08:43 PM IST
Bloomberg |

IT official who threw phones into Sabarmati to dodge cops gets arrested

The CBI retrieved evidence that included two mobile handsets that the former assistant commissioner discarded in the Sabarmati river.

A general view of the Sabarmati River near Ahmedabad.(AFP)
Published on Apr 18, 2023 02:50 PM IST
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