The Finance Minister argues that encrypted communication tools are increasingly being exploited for financial crimes, ...
However, presently, the section only covers physical assets and books of accounts, leaving digital assets and documents out ...
Unaccounted money to the extent of Rs 400 crores has been detected when the encryption has been taken off. Evidence that has ...
Union Finance Minister Nirmala Sitharaman recently defended the provisions of the Income Tax Bill, 2025, in the Lok Sabha, ...
Union Finance Minister Nirmala Sitharaman defended the new Income Tax Bill, 2025, highlighting digital surveillance in ...
Sitharaman asserted that granting tax authorities access to digital records is crucial for addressing tax evasion. Her ...
The new tax bill grants income tax authorities extensive digital access. Officials will be able to scrutinize communications ...
Nirmala Sitharaman stated that once the new Income Tax Bill is passed, digital records will also be considered in assessments ...
The Finance Minister highlighted multiple high-profile cases where access to digital communication and location data played a ...
Nirmala Sitharaman said Google Maps history helped find cash hideouts, and Instagram accounts were used to trace ‘benami’ ...