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Chennai: Cash and goods worth ₹462 crore have been seized across Tamil Nadu since the announcement of the Assembly elections, due to the absence of proper supporting documents, Chief Electoral Officer Archana Patnaik announced today. The scrutiny of nomination papers for the April 23 polls has also been completed, with 4,902 out of 7,600 nominations accepted. Tamil Nadu election 2026: ECI seizure details In a statement, Patnaik noted that surveillance teams deployed across all Assembly constit ...Read More >
NEW DELHI: AIADMK's Lalgudi candidate Leema Rose Martin has emerged as the richest contestant in the 2026 Tamil Nadu Assembly elections, declaring assets worth approximately Rs 1,049.56 crore in her election affidavit filed ahead of the April 23 polls.The 58-year-old, wife of lottery businessman Santiago Martin, filed her nomination papers on Monday. Her affidavit shows movable assets worth Rs 139.62 crore and immovable assets worth Rs 909.94 crore, putting her ahead of other high-value candidat ...Read More >
Lalgudi (Tamil Nadu), Apr 7 (PTI) AIADMK candidate for the Lalgudi Assembly constituency Leema Rose Martin has emerged as the wealthiest contestant in the 2026 Tamil Nadu Assembly elections, declaring total assets valued at approximately Rs 1,049.56 crore in her election affidavit. The 58-year-old, who is the wife of lottery businessman Santiago Martin, filed her nomination papers on April 6, revealing a massive portfolio that includes movable assets worth Rs 139.62 crore and immovable assets w ...Read More >
Kozhikode (Keralam) [India], April 6 (ANI): Congress MP Priyanka Gandhi Vadra on Monday criticised the Keralam government and the Centre, alleging that there was no development in the state for the past 10 years. She said that the public has understood that there is a collusion between the Left Democratic Front (LDF) and the Bharatiya Janata Party (BJP). Speaking to reporters here, Gandhi said, "There will be a change in power here. The public has understood that there is a collusion between t ...Read More >
Thiruvananthapuram, Apr 6 (PTI) Public campaigning for the April 9 Kerala Assembly polls will end on Tuesday. Congress, the BJP, and the ruling LDF have intensified attacks on each other, while the LDF released a progress report claiming it has fulfilled 97 per cent of its 2021 promises. A total of 2.71 crore voters, including 1.32 crore men, 1.39 crore women and 273 transgender persons, along with over 2.42 lakh overseas voters, are eligible to cast their ballots, according to the figures prov ...Read More >
Chennai (Tamil Nadu) [India], April 6 (ANI): The election flying squad officials, along with Income Tax authorities, conducted searches at more than ten locations allegedly linked to former DMK functionary Jaffer Sadiq, who is alleged to be the mastermind behind an international drug trafficking network. Jaffer Sadiq was arrested in an alleged drug case and is currently out on bail. Also Read | Nagaland Dear Lottery Sambad Result Today 1 PM Live: Dear Rise Monday Lottery Result of April 6 2026 ...Read More >
Chennai: The Income Tax Department (IT) on Monday conducted searches at premises linked to former DMK functionary Jaffer Sadiq, who was arrested by the Narcotics Control Bureau (NCB) in connection with a drug trafficking case in Tamil Nadu in 2024. According to officials, coordinated raids were carried out in over 10 locations across Chennai, including Anna Salai, Purasawalkam, Egmore and Pattinapakkam. The searches were undertaken jointly with election flying squads as part of intensified surv ...Read More >
Budaun (UP), Apr 4 (PTI) A farmer in Budaun district of Uttar Pradesh was left stunned after receiving tax notices of Rs 14.66 crore, allegedly for a fraudulent firm operating by using his name in Delhi. After the farmer submitted a formal application, a two-member team, comprising the Additional District Magistrate (Finance) and the Deputy Commissioner (GST), has been constituted to investigate the matter," Budaun District Magistrate Avneesh Rai said on Saturday. Upon inquiring about the matt ...Read More >
The benefit, however, is tightly targeted ShowQuick Read Summary is AI-generated, newsroom-reviewed * HRA exemption cap of 50% extends to cities like Hyderabad, Pune, Ahmedabad, Bengaluru from April 1 * The change benefits salaried employees under the old tax regime paying high rents in these cities * Exemption is the lowest of actual HRA, rent minus 10% of salary, or 50%/40% of salary by city Did our AI summary help? Let us know. Switch To Beeps Mode A major income tax shift is set to ...Read More >
The Income Tax Department has taken another step towards making tax filing simpler and more user-friendly. On April 2, it launched a new platform called 'Kar Saathi', an AI-assisted website designed to help taxpayers navigate income tax processes with ease. The new website brings together all income tax-related information in one place. According to the department, it is easier to navigate, faster to use, and built to reduce confusion for taxpayers who often struggle with forms, rules and proce ...Read More >
Mumbai: The Income Tax Department has introduced a new website called 'Kar Saathi' to make filing income tax returns (ITR) simpler and faster. It is designed as an AI-powered assistant that helps taxpayers understand and complete their tax-related work easily. According to the department, the platform brings all income tax information together in one place. It is built to be easy to use, quick to navigate, and helpful for both new and existing taxpayers. AI Support For Taxpayers 'Kar Saathi' ...Read More >
New Delhi: The new Income-tax Act and budgetary provisions, including higher STT on speculative F&O trades, lower TCS on overseas tour packages and liberalised remittance scheme for medical and education purposes, will get into force from April 1. A 20-year tax holiday for any foreign company that procures data centre services in India and new safe harbour provisions with a higher threshold for software firms will also be effective from Wednesday with the start of the 2026-27 fiscal. The Incom ...Read More >
New Delhi, April 2 (SocialNews.XYZ) The Income Tax Department on Thursday launched a new website called 'Kar Saathi', aimed at making tax-related processes simpler and more user-friendly. The department said the platform brings all direct tax information under one roof and is designed to be easier to navigate and faster to use. Announcing the launch on X, Income Tax India shared that the new website will help taxpayers access all information in one place while introducing 'Kar Saathi', an AI-p ...Read More >
New Delhi, Apr 1 (PTI) The Income Tax Act, 2025, which came into force from Wednesday, marks a new chapter in India's tax administration and is an important step towards Viksit Bharat, the Central Board of Direct Taxes (CBDT) said. The new Act replaced the six-decade old Income Tax Act, 1961, and reduced the volume of the legislation significantly. "It marks a shift towards greater clarity and ease of compliance through simple language, a streamlined structure and a reader-friendly presentatio ...Read More >
Nashik: A significant development has emerged in the case of self-styled godman Ashok Kharat, which has shaken the entire state of Maharashtra. Special Public Prosecutor Ajay Misar has expressed his inability to represent the SIT in the case against Kharat. The SIT had formally requested, through a written communication, that Special Public Prosecutor Ajay Misar conduct the prosecution in this matter. However, it has now come to light that Misar declined to take up the case, citing his existing ...Read More >
New Delhi [India], April 1: cryptact, Japan's leading crypto tax platform with over 200,000 users since 2017, now serving investors across Japan, Canada, and India, today announced the launch of INR-denominated pricing plans for Indian users, effective April 2026. Also Read | Did Gucci Really Launch $490 Baby Diapers? Here's the Truth Behind the Viral Claim. Since expanding into India in July 2025, cryptact has positioned its initial rollout as a trial period, offering its full suite of crypto ...Read More >
Shimla, Mar 31 (PTI) Himachal Pradesh Chief Secretary Sanjay Gupta on Tuesday dismissed the allegations in connection with the Chester Hill housing project in Solan as baseless, asserting that the truth will prevail once the investigation is completed. Gupta was speaking at a press conference a day after the CPI(M) claimed violation of land laws in the project and demanded an investigation by a Special Investigation Team (SIT) into alleged land mafia activities, including benami land deals, in ...Read More >
New Delhi: State-owned Central Bank of India has received a tax demand notice of Rs 296.08 crore from the Income Tax Department for an alleged shortfall in tax payment for the financial year 2024-25, according to its regulatory filing on Tuesday. The public sector lender said that the notice relates to the assessment year 2024-25 and is linked to an alleged shortfall in tax payment. In the exchange filing, the bank said it received the assessment order dated March 28, 2026, under relevant sect ...Read More >
New Delhi, March 31 (SocialNews.XYZ) State-owned Central Bank of India has received a tax demand notice of Rs 296.08 crore from the Income Tax Department for an alleged shortfall in tax payment for the financial year 2024-25, according to its regulatory filing on Tuesday. The public sector lender said that the notice relates to the assessment year 2024-25 and is linked to an alleged shortfall in tax payment. In the exchange filing, the bank said it received the assessment order dated March 28, ...Read More >
New Delhi: The Income Tax department has notified all income tax return forms for the assessment year (AY) 2026-27. While ITR forms 1-4, filed by small and medium taxpayers, were notified on March 30, ITR forms 2, 3, 5, 6 and 7, as well as ITR-U (for filing updated returns), were notified on Tuesday. With the ITR (income tax return) notification, individuals, businesses and other entities can start filing I-T returns for the income earned in the financial year 2025-26. The last date for filing ...Read More >
New Delhi: The Income Tax Department has clarified how TDS (tax deducted at source) will apply to interest earned from banks under the new Income-tax Act, 2025. Many people were confused about whether banks would start deducting tax even on small interest amounts. What was the rule earlier? Under the Income-tax Act, 1961, banks did not deduct TDS on interest if it stayed below certain limits. These limits were Rs 50,000 or Rs 1,00,000, depending on the type of taxpayer, such as senior citizens ...Read More >
Shilpa Shetty's hospitality venture is facing renewed scrutiny after Bengaluru police registered an FIR against the city's Bastian outlet for alleged violations of operating norms. The restaurant, located on St. Mark's Road, is accused of staying open well past the legally permitted closing time, prompting a formal complaint and an investigation into its operations. According to police officials, the FIR was filed at Cubbon Park Police Station after the establishment reportedly continued to op ...Read More >
New Delhi: Hours after a Delhi court refused to take cognizance of the Enforcement Directorate(ED)'s allegations of money laundering in the National Herald case against Congress leaders Rahul Gandhi and Sonia Gandhi, the party claimed that "the conspiracy of malicious intent for political revenge" has been foiled. Congress president Mallikarjun Kharge said on Tuesday that "The continuous five-day, 50-hour interrogation was nothing but a political witch hunt, which the Congress party faced head- ...Read More >
The Income Tax Department has issued a fresh public advisory cautioning taxpayers--especially senior citizens--against a growing number of fraudulent emails, SMS messages and websites impersonating the Department to steal personal and financial information. New Delhi: The Income Tax Department has issued a public advisory cautioning taxpayers, especially senior citizens, against fraudulent emails, SMS messages, and websites impersonating the Department to steal personal and financial informatio ...Read More >
Senior Samajwadi Party leader Azam Khan and his son Abdullah Azam have been convicted and sentenced to jail. A special court in Rampur found them guilty in a 2019 case involving obtaining two PAN cards with different birth dates. The court delivered its verdict after examining evidence and testimonies. Both father and son were sent to jail following the conviction. Rampur (UP): Senior Samajwadi Party (SP) leader Mohammad Azam Khan and his son Abdullah Azam were on Monday convicted and sentenced ...Read More >
RAMPUR: Less than two months after he was released from Sitapur jail, SP leader Mohammed Azam Khan went back behind bars on Monday when a court convicted and sentenced him to seven years' imprisonment in a 2019 case related to obtaining two PAN cards using different dates of birth. The special MP-MLA court here also sentenced Azam Khan's son Abdullah Azam to seven years' imprisonment in the same case. After the sentencing, Khan was taken from the Rampur court to the district jail under heavy s ...Read More >
New Delhi: If you are depositing large amounts of cash in your bank account, this could attract the attention of the Income Tax Department. While most people consider depositing money in banks completely safe, transactions exceeding prescribed limits in a financial year can be flagged. Banks and cooperative banks are required to report such transactions to the tax authorities. Why People Are Worried Recently, the Income Tax Appellate Tribunal (ITAT) in Delhi clarified that if a substantial amo ...Read More >
The Kerala High Court on Friday (October 24, 2025) held as "illegal and unenforceable" the ownership certificates given by the Principal Chief Conservator of Forest and Wildlife for the ivory items in the possession of actor Mohanlal at his resident at Thevara, Kochi, in 2011. A Division Bench of Justice A.K. Jayasankaran Nambiar and Justice Jobin Sebastian issued the order on a public interest litigations (PIL) filed by James Mathew, a former Forest officer, and Paulose A.A. of Ernakulam who c ...Read More >
Kochi (Kerala) [India], October 24 (ANI): Actor Mohanlal and the Kerala Government have faced a setback in the elephant tusk case. The High Court of Kerala has quashed a government order that had legalised Mohanlal's possession of the elephant tusks. The court has also directed the government to issue a fresh notification in this regard. Also Read | Terror Module Busted: ISIS-Inspired Module Busted in Delhi, 2 Operatives Trained in 'Fidayeen Attack' Nabbed. The court observed that there were ...Read More >
Patna: A day after Bihar Deputy Chief Minister Vijay Kumar Sinha filed his nomination papers from the Lakhisarai Assembly constituency, his election affidavit has drawn public attention, particularly to the significant difference in assets between him and his wife, Sushila Devi. According to the affidavit submitted to the Election Commission, Vijay Sinha declared movable assets worth Rs 1.01 crore, including Rs 55,000 in cash, Rs 29 lakh in bank deposits, and stock investments exceeding Rs 45 l ...Read More >
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