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You Searched For "central board of direct taxes" and got 20 results


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1 min read

Direct tax collections rise 18% so far in current financial year

The government's gross direct tax collections have risen by 16.77 per cent to touch Rs 17.18 lakh c…

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3 mins read

Tax man introduces ITR 1 and ITR 4 forms – Here’s what it means

The Central Board of Direct Taxes (CBDT) has revealed the Income Tax Return (ITR) Forms 1 and 4 for…

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2 mins read

Income Tax dept to hire 50 young law, accountancy grads for better litigation at ITATs

The Income Tax Department has decided to temporarily hire 50 young law and chartered accountancy gr…

PTI   


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2 mins read

IT department declares 363 as cost inflation index for current fiscal

The Cost Inflation Index (CII) for fiscal year 2024-25 is 363, used by taxpayers to calculate long-…

PTI   


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2 mins read

CBDT exempts startup investments from 21 nations including US, UK from angel tax

India’s finance ministry has announced that non-resident investors in unlisted Indian start-ups fro…

PTI   


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Central Board of Direct Taxes notifies cost inflation index for 2023-24

The cost inflation index (CII) for 2023-24 relevant to assessment year 2024-25 stood at 348, accord…

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1 min read

Bill to amend Central Goods and Services Tax Act introduced in Lok Sabha

A bill to align provisions of the Central Goods and Services Tax Act with the Tribunal Reforms Act …

ANI   


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1 min read

CBDT notifies ITR forms for assessment year 2023-24

The Central Board of Direct Taxes (CBDT) has notified income-tax return forms (ITR forms) for the a…

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4 mins read

I 'escaped' Texas for Tennessee. I loved the food and tech scene, but got tired of the heat and rising property taxes.

Jim Ward, who moved to Tennessee in 2021 after 20 years in Texas, said his life has greatly improve…

Alcynna Lloyd   


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2 mins read

Income Tax dept selects 68,000 high-value transaction cases for e-verification

CBDT chief Gupta said that the I-T department had taken several progressive steps to encourage volu…

ANI   


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2 mins read

BBC India survey indicated tax evasion on remittances, discrepancies in transfer pricing: Govt

The Income Tax Department gathered several evidences pertaining to the BBC India's operation which …

ANI   


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2 mins read

Received a tax mismatch notice from the IT department? Here is how to set it right

An income tax mismatch notice can happen due to several reasons. In an increasingly digital world, …

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2 mins read

Two-thirds taxpayers likely to shift to new regime in 2023-24 itself: CBDT chief

The income tax rebate limit available for salaried and individual taxpayers under the new income ta…

ANI   


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2 mins read

Here's what Mark Cuban's $275.9 million in taxes would cover for the US government

Billionaire Mark Cuban came clean about the hefty chunk of change he paid in taxes this year, publi…

Erin Snodgrass   


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1 min read

Pvt companies required to deduct tax at source while issuing bonus or rights shares

The implication of this clarification will be that a company in which public is not substant…

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3 mins read

This small stock eyes the big leagues with a robust orderbook in hand

Construction company PSP Projects was incorporated in 2008, but has started making waves in recent …

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1 min read

Gross direct tax collections up by 30% at ₹10,93,385 crore in current fiscal

Gross direct tax collections for 2022-23 (up to November 30) are up by 29.66 per cent at ₹10,93,385…

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2 mins read

FM Nirmala Sithraman keeps tax slabs unchanged

As expected and in relief for the citizens, the central government neither tweaked nor put any addi…

ANI   


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DeSantis-backed Disney boss says employees owe $2 million in back taxes on the park pass perks his board stripped away

The Disney district is at the center of Ron DeSantis' long-running feud with Walt Disney World.

Sonam Sheth   


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Higher cash seizures being recorded by I-T dept every assembly polls: CBDT

Cash seizures made by the Income-tax department during successive assembly elections have shown a s…

PTI