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Income Tax Department

Curated news coverage, institutional background, regulatory filings, and investigative reporting across RDU Global.

13 Stories Indexed
Last Updated: Just Now
Verified Entity Intelligence
National Governance & Policy Just now (12:04 PM IST)

Income Tax Probe Flags Gujarat Unrecognised Parties in Alleged Cash-Routing Network

The Income Tax Department is examining whether a cluster of unrecognised political parties in Gujarat was used as a conduit for laundering and tax evasion, with investigators alleging that large sums were routed through party accounts and then withdrawn in cash. The probe, which began in 2022, reportedly covers transactions worth about Rs 1,000 crore and has raised fresh questions about the use of political entities with limited public scrutiny.

By RDU Global Wire6 min read
Banking, Fintech & Insurance7h ago

RBI to Auction Rs 22,200 Crore in State Government Bonds as 12 States Tap Market for Fresh Borrowing

The Reserve Bank of India will conduct an auction of state government securities worth Rs 22,200 crore on September 29, 2026, with 12 states seeking funds through a mix of re-issued bonds and fresh tranches. The sale, to be executed on the RBI's E-Kuber platform, will include both competitive and non-competitive bidding, with retail investors also able to participate through the Retail Direct portal.

5 min readRead →
Banking, Fintech & Insurance8h ago

India's 6.94% GS 2036 Auction Draws Strong Demand, Sees Partial Allotment as Cut-Off Settles at Rs 98.58

India's latest government securities auction for the 6.94% GS 2036 bond drew robust investor interest, with bids far exceeding the notified amount and the issue ultimately seeing partial allotment in the competitive segment. The Reserve Bank of India accepted the full notified underwriting support from primary dealers, while recording no devolvement, underscoring steady market appetite for long-dated sovereign paper.

4 min readRead →
Agriculture & Rural Economy1h ago

Karnataka Announces Rs 2,500 Input Subsidy for Drought-Hit Farmers as Relief Push Begins

Karnataka will provide Rs 2,500 in input subsidy to each drought-hit farmer as immediate relief, Deputy Chief Minister G Parameshwara said on Friday, in a move expected to benefit 45-50 lakh farmers and cost the state about Rs 1,250 crore. The government said further assistance will depend on the Centre's response and the final assessment of drought losses, which the state estimates could exceed Rs 40,000 crore.

4 min readRead →
National Governance & Policy2h ago

Ride-Hailing Coercion Allegations Rock Gujarat as Bharat Taxi Faces Scrutiny

Passengers and drivers in Ahmedabad and Gandhinagar have alleged that groups of men stopped ride-hailing vehicles and pressured riders to cancel Uber and Rapido trips in favour of Bharat Taxi, India's government-backed platform. The allegations, which remain independently unverified, have raised fresh questions about competition, driver livelihoods and passenger safety in one of the country's busiest urban mobility markets.

6 min readRead →
Banking, Fintech & Insurance2h ago

Pine Labs Turns the Corner as Payments Pioneer Builds an AI-Driven Fintech Stack

Pine Labs has evolved from a point-of-sale hardware provider into a broad fintech platform spanning checkout, consumer finance, gift cards, issuing and banking infrastructure, with more than 11.5 lakh merchants across India, Southeast Asia and the Middle East by Q1 FY27. After years of heavy expansion and losses, the company posted its first full-year consolidated profit in FY26, though its latest quarterly results show the turnaround remains sensitive to business mix and continued investment.

5 min readRead →
Global Society & Public AffairsJust now (06:45 AM IST)

Tragic Helicopter Crash Near Montreal Claims Four Lives

A helicopter crash near Montreal has resulted in the deaths of four individuals, raising concerns over aviation safety and regulatory measures in Canada. Authorities are investigating the incident as the community mourns the loss.

3 min readRead →
National Governance & Policy1h ago

Commission Meeting Announces Key Decisions on September 26

A significant meeting of the commission held on September 26, 2026, at 3:00 PM led to several important decisions. While details remain sparse, the implications of these decisions could influence future policy directions and administrative practices.

3 min readRead →
India Entertainment & Culture1h ago

ICAR-CIRB Promotes Cleanliness Culture Through Public Dialogue

The ICAR-CIRB has organized a cleanliness dialogue to foster public participation and promote a culture of cleanliness, emphasizing that sanitation is a collective responsibility. The initiative aims to raise awareness and encourage individuals to play an active role in maintaining a clean environment.

5 min readRead →
Education, Jobs & Careers2h ago

Education Secretary Urges Teachers to Prioritise Learning Outcomes in Krishna District School Visit

School Education Principal Secretary J. Shyamala Rao on Saturday visited government schools in Edupugallu village of Krishna district, where he interacted with students, observed classroom resources and briefly taught Mathematics himself. He pressed teachers to give individual attention to children, adopt simple teaching methods and focus on improving learning outcomes as the state steps up its school education push.

4 min readRead →
Healthcare, Pharma & Life Sciences3h ago

Ernakulam Remains Kerala's Influenza Hotspot as Doctors Warn of Festive-Season Spread and Next Year's Fever Surge

Ernakulam district continues to report the highest number of influenza cases in Kerala, with 969 confirmed cases recorded till September 26, even as doctors urge residents to curb person-to-person transmission through strict preventive habits. Health officials say the district's broader fever burden remains significant, with dengue, leptospirosis and other infections also circulating, while experts warn that El Niño could drive another spike in fever cases next April.

5 min readRead →
National Governance & Policy3h ago

Kerala to Fuse AI and Digital Tools Into Tourism Push, Minister Says

Kerala has begun integrating artificial intelligence and advanced digital tools into its tourism sector as part of a broader effort to position the state as an international experiential destination, Tourism Minister P.C. Vishnunadh said on the eve of World Tourism Day. He said the government's upcoming tourism policy will give greater thrust to technology-led reforms, start-up support, barrier-free access and smarter destination management.

5 min readRead →

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Co-Occurring Entities

Entities frequently referenced alongside Income Tax Department:

Gujarat(1)