Latest IRS News & Updates

Washington, April 24 (IANS) US Treasury Secretary Scott Bessent said on Friday that Washington’s actions helped prevent global oil prices from surging to $150 per barrel, keeping them closer to $100 amid geopolitical tensions, as he outlined a broader strategy linking energy stability, sanctions policy and financial leadership. Testifying before a Senate panel, Bessent noted that US decisions on sanctions and supply played a key role in stabilising markets during the ongoing conflict.”If we had …

Jaipur, April 23 (IANS) Online Ludo gambling has emerged as a key link in a shocking case involving Rahul Meena, a resident of Rajgarh in Rajasthan’s Alwar district, who is accused of raping a friend’s wife and later murdering the daughter of a Delhi-based IRS officer within hours.Sudhir Chaudhary, Superintendent of Police, Alwar, told IANS that the investigation has revealed that both the victim’s husband and the accused Rahul were involved in online Ludo gambling, where they had lost subst…

New Delhi/Kolkata, April 20 (IANS) The Indian Navy commissioned DSC A23, the fourth of the five Diving Support Craft (DSC), built indigenously, during a ceremony at Titagarh, Kolkata, led by Deepa Sivakumar, in the presence of Vice Admiral B Sivakumar, Chief of Materiel, an official said Monday. The event on Sunday was conducted with full naval traditions and ceremonial splendour, in the presence of senior officials from the Indian Navy and Titagarh Rail Systems Limited (TRSL), said an official …

Chandigarh, Feb 13 (IANS) Two days after the Enforcement Directorate (ED) summoned former Punjab Chief Minister and BJP leader Capt Amarinder Singh and his son, Raninder Singh, in a 2016 Foreign Exchange Management Act (FEMA) case, the officer heading the federal agency office in Jalandhar has been transferred.A Union Ministry of Finance order reads, “Additional Director Ravi Tiwari, a 2009-batch Indian Revenue Service (IRS) officer, who had been posted to Jalandhar in September 2023, has now be…

Washington, Jan 30 (IANS) President Donald Trump has filed a civil lawsuit against the Internal Revenue Service and the US Treasury Department, seeking at least $10 billion in damages over the unauthorised disclosure of his tax return information by an agency contractor who later pleaded guilty to a felony.The lawsuit, filed Thursday in federal court in the Southern District of Florida, names the IRS and the Treasury Department as defendants and was brought by Trump alongside his two eldest sons…

New Delhi, Jan 28 (IANS) The Delhi High Court is set to pronounce on Thursday its verdict in the defamation suit filed by Indian Revenue Service (IRS) officer Sameer Wankhede against Bollywood actor Shah Rukh Khan’s production house Red Chillies Entertainment Pvt Ltd and OTT platform Netflix over his alleged defamatory portrayal in the web series ‘The Ba**ds of Bollywood’*. As per the causelist published on the official website, a single-judge Bench of Justice Purushaindra Kaurav will deli…