The Latest Breaking News from Income Tax

Jeremy Hunt says he will not improve pay offer despite surprise budget surplus

THE Deputy First Minister has urged MSPs to approve tax and spending plans for the coming year which will see the “limited resources” of the…

Its findings "indicate that tax has not been paid on certain remittances which have not been disclosed as income in India by the foreign entities of the group", the tax department claimed. Read further on Dynamite News:

A day after it concluded its three-day survey on the BBC’s premises in Delhi and Mumbai, the income tax department on Friday claimed to have “unearthed crucial evidences” and “irregularities” in “certain tax payments”.

Terming BBC documentary on Prime Minister Narendra Modi as "propaganda video" and a "disgraceful piece of shoddy journalism," British MP Bob Blackman has said that it should never have been released and that it didn't look at the "all-important fact" that India's Supreme Court investigated the claims against Narendra Modi…

Income tax officials have ended their survey at the BBC offices in Delhi and Mumbai, according to the British broadcaster. The offices were searched over three days with the government suggesting that the move was linked to an alleged violation of transfer pricing rules and diversion of profits.

Indian tax officials on Thursday left the BBC's offices in New Delhi and Mumbai, after a three-day inspection that involved the cloning of data from some digital devices, the tax department said.

The income tax “survey” at BBC’s Delhi and Mumbai offices entered the third day on Thursday. A team of two dozen tax officials are probing alleged transfer pricing violations and diversion of profits. 

Nearly 13million people will receive the uplift to the state pension in April this year which will help some of the most vulnerable with the rising cost of living, however, some may end up having to pay more tax