Tag: tax officials

Serious cases involving deliberate evasion or fraud could continue to be prosecuted through the courts, they said.
Posted in Business

After rate overhaul, GST set for next big reform; officers’ arrest powers may be scrapped

 October 4, 2026  Leave a Comment on After rate overhaul, GST set for next big reform; officers’ arrest powers may be scrapped

GST Council is likely to consider this week a sweeping rewrite of GST enforcement that would take arrest powers away from tax officials and require…

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Posted in Economy

Income Tax Tribunal move to back 22% tax on capital gains sparks row

 October 30, 2025  Leave a Comment on Income Tax Tribunal move to back 22% tax on capital gains sparks row

Mumbai: In a bizarre decision that has spawned surprise and scorn in the tax world, an Income tax (I-T) tribunal, which is a quasi-judicial body,…

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