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There is news of a raid on the Mumbai offices of film ‘Ramayana’ producer Namit Malhotra’s company ‘Prime Focus Limited’. According to the report of CNBC-TV18, the Income Tax Department has taken this action in connection with the irregularities in foreign transactions (foreign remittances). This action has come a few weeks before the release of…
1 hour ago copy link Bollywood actress Rakul Preet Singh has expressed strong objection to the media reports in which Income Tax Department raids were being claimed on her premises. Rakul has issued a long statement on social media calling these reports ‘false, misleading and malicious’. He has clarified that this investigation or raid of…
1 minute ago copy link Bollywood actress Rakul Preet Singh has expressed strong objection to the media reports in which Income Tax Department raids were being claimed on her premises. Rakul has issued a long statement on social media calling these reports ‘false, misleading and malicious’. He has clarified that this investigation or raid of…
1 hour ago copy link The Income Tax Department has raided 12 places in Mumbai linked to Bollywood actress Rakul Preet Singh, her father-in-law and film producer Vashu Bhagnani and Panorama Studios. According to TV9 report, this action was initiated on Monday following complaints of tax evasion, money laundering and fund manipulation. The teams of…
6 minutes ago copy link The Income Tax Department has raided 12 places in Mumbai linked to Bollywood actress Rakul Preet Singh, her father-in-law and film producer Vashu Bhagnani and Panorama Studios. According to TV9 report, this action was initiated on Monday following complaints of tax evasion, money laundering and fund manipulation. The teams of…
Union Finance Minister Nirmala Sitharaman has given strict instructions to the Income Tax Department to work for the welfare of the general public. He told the officers not to make the common people go from one office to another for their work. Sitharaman had arrived on Sunday, July 26 to inaugurate the 13-storey ‘Aaykar Sindhu’…
Union Finance Minister Nirmala Sitharaman has given strict instructions to the Income Tax Department to work for the welfare of the general public. He told the officers not to make the common people go from one office to another for their work. Sitharaman had arrived on Sunday, July 26 to inaugurate the 13-storey ‘Aaykar Sindhu’…
New Delhi15 minutes ago copy link Income tax return i.e. ITR filing for the financial year 2025-26 has started. The last date for filing returns for general taxpayers is July 31, 2026. Whereas for some people of business class (ITR-3 and 4) it is 31st August. If you miss the deadline by July 31, you…
New Delhi14 minutes ago copy link The Income Tax Department has made the Excel utility of ITR Form-2 live for the assessment year 2026-27 (Financial Year 2025-26). Now taxpayers can prepare their tax calculations by downloading it from the department’s portal. Earlier, the department had started the facility of ITR-1 and ITR-4 on May 17….
Last Updated:March 20, 2026, 5:01 PM IST The Income Tax Department has notified the new Income-tax Rules, 2026, marking a significant overhaul of the decades-old tax framework. Income Tax Rules 2026: Major changes that will impact your pocket The Income Tax Department has notified the new Income-tax Rules, 2026, marking a significant overhaul of the…