Tag: Income tax

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How each rupee earned and spent by Govt

Key TakeawaysThe government earns 27 paise of each rupee from borrowings and other liabilities.Income tax contributes 19 paise of each rupee earned, up from...

IT raids at TN PWD Minister EV Velu’s premises

Key TakeawaysThe Income Tax department conducted coordinated raids across more than ten sites.Officials targeted both the minister's residence and office premises in Chennai and...

I-T holds searches in Karnataka, AP, Telangana regions

Key TakeawaysThe Income Tax Department seized **unaccounted cash** of about Rs.94 crore and jewellery worth over Rs.8 crore.Investigations uncovered **luxury wrist watches** and evidence of inflated...