Trichy: The income tax department has unearthed a ₹500-crore tax refund fraud involving fabricated income tax returns during investigations and search.

The new law grants the FBR sweeping powers, such as blocking non-filers from making substantial financial transactions like purchasing vehicles, investing in securities, and opening certain bank ...

The Income Tax Department has said that it has uncovered and thwarted a large-scale tax refund fraud involving filing of fabricated tax returns in Tamil Nadu.

Steps are being taken to ensure those who’re making money on crypto are also paying their fair share of tax, in a move HMRC ...

Income Tax Dept raids 150 premises over fake ITR deductions using AI analysis; 40,000 returns voluntarily revised, Rs 1,045 ...

The newly formed Income Tax Intelligence and Investigation Unit has uncovered revenue evasion worth Tk1,874 crore in the preliminary investigation of tax evasion of 183 individuals and organisations ...

Ken Kies, a longtime tax lobbyist who worked for some of the world’s largest businesses, is now running the Treasury ...

Details new safeguards implemented; highlights role of banks in lending support and assistance for sustainable growth.

In a major operation, the UAE Federal Tax Authority confiscated over 3.5 million illegal excise goods, including cigarettes ...

Death and Taxes may be inevitable, but smart investing can ease the burden. Learn why these income picks offer strong yields ...

During an operation conducted by a team of Federal Tax Authority (FTA) inspectors, a number of unauthorised excise goods were recently seized from a facility in Dubai, where fraudulently packaged and ...

The actual budget busters include vendor fraud in health care, tax evasion and corporate financial abuse, writes Charles ...