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U.S. House Democrats to seek Trump tax returns - Pelosi

Friday, December 14, 2018, 8:41 AM

Democratic leader Nancy Pelosi said on Thursday that members of congress from her party will seek to obtain President Donald Trump's tax returns when they take control of the U.S. House of Representatives in January a move the White House is likely to strongly resist. "There is popular demand for the Congress to request the presidents tax returns," she told reporters in the Capitol.
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Tax collection jumps 18% to Rs 7,100 crore in Northeast India in FY18

Monday, June 4, 2018, 8:24 AM

Northeast region has witnessed over 18 percent growth in direct tax collections at Rs 7,097 crore in 2017-18, Union Minister of State for Finance Shiv Pratap Shukla said at a press conference . During the same fiscal, the Income Tax Department has brought 1.89 lakh more people under the ambit of tax net, he added.
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I-T dept seizes Rs 440 cr dividend income of Cairn Energy

Sunday, April 15, 2018, 11:32 AM

The Income Tax Department has seized a further Rs 440 crore of dividend income due to Cairn Energy Plc to recover a part of the Rs 10,247 crore tax demand it had raised on the British firm using a retrospective tax legislation. The ITD had previously seized Rs 666 crore of dividends due to Cairn from its 4.95% residual holding in Vedanta Ltd.

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