[ad_1] Finance Minister Nirmala Sitharaman on Tuesday defended tax authorities’ access to digital records under the new tax bill, noting that the provision is essential to curb tax evasion and financial fraud. Speaking in the Lok Sabha, she said digital evidence, including WhatsApp messages and Google Maps location data, is already being used in tax […]
Income tax officers may access emails, social media accounts in some cases from April 2026 – CNBC TV18
[ad_1] Starting April 1, 2026, income tax officers in India will have expanded authority to access individuals’ digital accounts if they suspect tax evasion. This includes emails, social media, bank accounts, trading platforms, and online investments. Index Fund Corner Sponsored Scheme Name 1-Year Return Invest Now Fund Category Expense Ratio Axis Nifty 50 Index Fund […]
Tax Avoidance and Tax Evasion: What is the difference between the two? – CNBC TV18
[ad_1] Tax avoidance and tax evasion both involve efforts to reduce a person or company’s tax burden, but they differ significantly in terms of legality and approach. Index Fund Corner Sponsored Scheme Name 1-Year Return Invest Now Fund Category Expense Ratio Axis Nifty 50 Index Fund +32.80% Invest Now Equity: Large Cap 0.12% Axis Nifty […]
Indian banks enhance monitoring to combat mule accounts, says RBI Governor – CNBC TV18
[ad_1] Most Indian banks have systems in place to monitor the behaviour of mule accounts, said Reserve Bank of India Governor Shaktikanta Das during a press conference on Thursday. A mule account is a bank account that is used for illegal activities like money laundering, tax evasion, fraudulent transactions, etc. These types of accounts usually […]