« Top Headlines » Open DEMAT Account in 24 hrs  The Government of India has strengthened MSME protection through strict payment rules, ensuring that Micro & Small Enterprises receive timely payments from buyers. Under the MSME Development Act (MSMED Act), 2006, buyers must make payments within:  ITR Refund Delays in India: Why They Happen & How to FastTrack Your Refund in 2025  ITR Refund Delay: From Bank Errors To Department Checks, 5 Big Reasons Your Refund Gets Stuck  Income Tax Slabs 2025: New Vs Old Regime; Which One Is Better For You For FY2025-26?  Seamless Integration: How Tally Prime Connects Businesses to the Digital Economy  Govt to notify new ITR forms, Income Tax Act 2025 rules by January 2026: CBDT chief  Digital Efficiency for MSMEs: The Tally Prime Advantage  5 Ways Tally Prime Reduces Cost and Boosts Productivity for Startups  Result of the Information Systems Audit [ISA] Assessment Test held on 8th November 2025 is likely to be declared on late evening (around 9 pm) of 16th November 2025.  Income Tax: What is revised I-T return which you can file till the end of the calendar year?  Creating Vouchers Directly from Bank Statements in Tally Prime A Complete Step-by-Step Guide «  Consumer is king in Rajasthan's VAT compliance scheme... Net direct tax collections up... » Tax sleuths raid real estate developers in Bangalore June, 27th 2007 Tax sleuths on Tuesday unearthed cash estimated to be in billions of rupees, gold and jewellery and incriminating documents in raids on the offices and residences of some Bangalore-based real estate developers and property dealers, a top official said. The searches were carried out simultaneously in four to five premises of the developers and dealers in the presence of police and senior officials of the income tax department. "The raids are still on. Details on recoveries are awaited, as the teams are yet to return from the field. The searches are being conducted in connection with tax evasion and amassing of wealth disproportionate to their sources of income," the income tax official told IANS on phone. Police officials accompanying the tax sleuths said raids in the premises of S. Manjunath, a leading builder-cum-property dealer, yielded about Rs.100 million in cash, seven kg of gold, documents and stamp papers related to buying and selling of lands, residential plots and houses. Official-cum-residential premises of two other developers - Reddy Veeranna and Kupendra Reddy - were also searched leading to the seizure of unaccounted cash, forged documents and passbooks of bank accounts. "The seizures have revealed the extent of evasion and non-disclosure of the deals taking place in and around the city, where demand for commercial and residential properties has been surging of late," the official said on condition of anonymity. Meanwhile, Karanataka Chief Minister H.D. Kumaraswamy denied reports that realtor Manjunath was associated with his family and handled property deals on his behalf. "So many people have began claiming to be close to me and my family since I became the chief minister last year. It is for the authorities to verify such claims," Kumaraswamy told reporters at the secretariat when the raids were brought to his notice. Sources in the ruling Janata Dal-Secular said Manjunath was only a supporter of the party and participated in its campaign during the last elections.