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Reuters
New Delhi, January 19, 2018
India has sent tax notices to tens of thousands of people dealing in cryptocurrency after a nationwide survey showed more than $3.5 billion worth of transactions have been conducted over a 17-month period, the income tax department said.
BusinessToday.in
New Delhi, January 19, 2018
FIU, is the central national agency responsible for receiving, processing, analyzing and disseminating information relating to suspect financial transactions to enforcement agencies.
BusinessToday.in
January 17, 2018
Last Friday, the investigation wing of the Income Tax department raided premises of a private vault facility in Delhi and seized items worth over Rs 23 crore in gold jewellery, biscuits, precious stones and cash from multiple lockers.
Sonal Khetarpal
January 2, 2018
Ease of Doing Business might be dominating the political discourse but there seems to be no end to the hurdles entrepreneurs face. Once such issue that has been dragging for the last five years is that of the angel tax.
BusinessToday.in
New Delhi, December 28, 2017
To make the system stronger, Railway Minister Piyush Goyal directed the IRCTC and the Centre for Railway Information Systems (CRIS) to strengthen cyber security measures.
BusinessToday.in
New Delhi, December 25, 2017
The number of income-tax return filers increased to 4.07 crore in assessment year 2015-16 (FY 2014-2015) from 3.65 crore in the previous year but only 2.06 crore actually paid tax as the others claimed income below taxable limits.
BusinessToday.in
December 22, 2017
The number of returns filed in the Rs 5-10 crore bracket is up 29% y-o-y while the figures for the Rs 10-25 crore and Rs 25-50 crore tax brackets is up 39% and 63% respectively.
Mail Today Bureau
New Delhi, December 21, 2017
In the assessment year (AY) 2014-15, the 'crorepati' individuals or those with gross income of over Rs 1 crore (Rs 10 million) were 48,417 with a cumulative income of Rs 2.05 lakh crore.
BusinessToday.in
December 20, 2017
The Income Tax Return Statistics released by the Income Tax Department for Assessment Year 2015-16 has revealed that more than 30,000 taxpayers earned over Rs 1 crore, whereas just 5 individuals had income in the range of Rs 100 - Rs 500 crore. 
Dipak Mondal
December 20, 2017
Data released by the Central Board of Direct Taxes (CBDT) shows direct tax collection in 2016-17 was Rs 8.5 lakh crore compared to Rs 7.42 lakh crore in the previous year.
BusinessToday.in
New Delhi, December 19, 2017
The largest automobile player in the Indian market, Maruti Suzuki, holds what is considered an abnormally high market share, compared to market leaders in other big markets
BusinessToday.in
December 19, 2017
Bitcoin's blistering bull run, and all the worries that come with it becoming the biggest asset bubble ever, has finally galvanised the Income Tax Department into taking action.
Mail Today Bureau
New Delhi, December 15, 2017
Vodafone, whose local unit is India's second-largest mobile carrier, has repeatedly said it was not liable to pay any tax over the Hutchison acquisition.
PTI
December 14, 2017
The agency, they said, is investigating about 46 "actionable" cases of Indians on this global leaks list for possible violations under the Foreign Exchange Management Act (FEMA).
BusinessToday.in
New Delhi, December 14, 2017
As the most popular cryptocurrency touches new highs, the income tax department on Wednesday began its nationwide crackdown on Bitcoin exchanges.
BusinessToday.in
December 14, 2017
Dr Reddy's (0.96%), ONGC (0.76%), Wipro (0.73%) and Infosys (0.54%) were the top gainers on the Sensex. TCS (1.04%), Adani Ports (0.15%) and Maruti Suzuki (0.08%) were the top losers on the Sensex.
Meetu Jain
December 14, 2017
Bitcoin, a virtual currency, is not regulated in the country and its circulation has been a cause of concern among central bankers all over the world. The RBI says bitcoins are a commodity and not a currency and need to be regulated accordingly. 
Meetu Jain & Rajeev Dubey
December 13, 2017
Tax sleuths conducted 'surveys' at as many as nine Bitcoin exchanges in the country. During the investigation, the I-T department looked for evidence to establish identity of investors and traders, transactions undertaken by the Bitcoin traders in India.
BusinessToday.in
New Delhi, December 14, 2017
The I-T department has claimed the surveys were conducted under Section 133A of the India Tax Act at nine bitcoin exchanges in Delhi, Bengaluru, Hyderabad, Kochi and Gurugram by various teams headed by the I-T Department's Bengaluru wing.
BusinessToday.in
December 13, 2017
Bringing a much needed relief to individuals who are yet to link bank accounts with Aadhaar, the government on Wednesday postponed the Aadhaar-bank account linking deadline to March 31, 2018.
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