Go Unlimited with Magzter GOLD
Get unlimited access to 10,000+ magazines, newspapers and Premium stories for just
Try GOLD - Free
Tax Officials Can Search More Devices
The New Indian Express Coimbatore
|August 13, 2025
Net Tax Mop-Up Slips 4% Due To Rise In Refunds
WITH digital data being stored in varieties of devices, the Finance Ministry will be widening the definition of the 'computer system' under the new Income Tax Bill 2025 and the Central Board of Direct Taxation (CBDT) will be soon coming up with a detailed Standard Operating Procedure (SOP) for handling digital data, finance minister Nirmala Sitharaman informed to Rajya Sabha on Tuesday.
"The definition of a computer system has to be wide enough. Today, the computer systems are of so many different varieties," added the Finance Minister. She highlighted that the provisions will be made to deal with those tax evaders who don't let the officials from the Income Tax department access their devices, claiming that the respective device doesn't come under the definition of 'computer system' as stated in the Income Tax Bill 1961.
This story is from the August 13, 2025 edition of The New Indian Express Coimbatore.
Subscribe to Magzter GOLD to access thousands of curated premium stories, and 10,000+ magazines and newspapers.
Already a subscriber? Sign In
MORE STORIES FROM The New Indian Express Coimbatore
The New Indian Express Coimbatore
Ahead of commercial launch in India, Starlink to hold demo runs in Mumbai
ELON MUSK-led Starlink is scheduled to conduct demonstration runs on October 30 and 31 in Mumbai to showcase compliance with security and technical conditions for satellite broadband services.
1 min
October 30, 2025
The New Indian Express Coimbatore
‘Lalu wants son as CM, Sonia wishes her son is PM’
Addressing poll rallies, Shah hits out at RJD chief and Cong over corruption cases, says the game of Rahul and Lalu will be over on Nov 14
2 mins
October 30, 2025
The New Indian Express Coimbatore
AIADMK files plea seeking to quash nod for housing plan on marshland
THE principal opposition party, AIADMK, has moved the Madras High Court with a petition praying for the court to quash the environmental clearance and planning permission allegedly granted to a private firm to construct a residential complex on the Pallikaranai marshland.
1 min
October 30, 2025
The New Indian Express Coimbatore
Centre reviews progress on teaching higher edu in Indian languages
THE Education Ministry on Wednesday held a meeting to review the dissemination of higher education materials in Indian languages and strategies to strengthen teaching across all 22 scheduled languages under the Bharatiya Bhasha Pustak Scheme (BBPS).
1 min
October 30, 2025
The New Indian Express Coimbatore
10L hectares of crops hit by heavy rains in Gujarat
Cong warns of ‘Nepal-like’ stir over farmers’ demands
1 min
October 30, 2025
The New Indian Express Coimbatore
Vindicated but not free: Vedam faces new battle
AFTER waiting more than four decades to clear his name in a friend’s 1980 killing, Subramanyam Vedam was set to walk free from a Pennsylvania prison this month.
1 min
October 30, 2025
The New Indian Express Coimbatore
‘Why can’t HR&CE’s asset register be online?’
The Madras High Court on Wednesday questioned HR&CE department why its property register cannot be uploaded on the official website.
1 min
October 30, 2025
The New Indian Express Coimbatore
Amid setback, C’garh Maoists rejig top deck to keep banned outfit’s morale
THE strength of the politburo and the Central Committee (CC) of the banned CPI (Maoist) has dropped from 45 members to just 20 in the last couple of years, and is now a single digit.
1 min
October 30, 2025
The New Indian Express Coimbatore
Thanjai hosp fails to detect genetic disorder in unborn child, ordered to pay ₹75L
THE Pudukottai District Consumer Disputes Redressal Commission on Wednesday ordered a private hospital in Thanjavur, two diagnostic centres and two doctors who work there to pay total compensation of %75 lakh to a couple for failing to detect a genetic disorder in their unborn child.
1 min
October 30, 2025
The New Indian Express Coimbatore
Karuna was untouched by political highs & lows: Radhakrishnan
VICE-PRESIDENT CP Radhakrishnan paid glowing tributes to DMK stalwart the late M Karunanidhi in Tiruppur on Wednesday while exhorting all party functionaries to foster respect to leaders across the political divide.
1 mins
October 30, 2025
Listen
Translate
Change font size