Income Tax ‘nudge’ for 25k cases of unreported foreign assets, income
The Income Tax Department has launched a fresh campaign targeting individuals with undeclared overseas assets and income. Around 25,000 high-risk cases will be initially contacted ...
Tax evasion or underreporting: CBDT sees whopping Rs 20,000 crore income tax recovery; almost double of last year
The CBDT collected ₹20,000 crore in pending dues in the first quarter, doubling last year’s figures, driven by income-tax demand notices. With a recovery target ...
