30,161 taxpayers declare foreign assets worth more than Rs 29,000 crore in CBDT’s ‘nudging campaign’
The Central Board of Direct Taxes (CBDT) “nudging campaign” has yielded significant results with 30,161 taxpayers declaring foreign assets worth […]
CBDT News
CBDT amends norms, mandates detailed income disclosures for business trusts
The government has amended income-tax norms to enhance transparency in reporting income distributed by trusts such as Alternative Investment Funds
40,000 taxpayers under lens for deductions, CBDT targets TDS defaulters
Nearly 40,000 taxpayers are being examined based on tax deductions claimed during the financial years 2022-23 and 2023-24, according to
CBDT introduces self-help tool to provide instant answers to Income Tax bill 2025
The Income Tax Department has introduced an online self-help tool to assist taxpayers in understanding the changes proposed in the
Days of intrusive tax scrutiny are over, taxpayer facilitation is the new mantra: CBDT chairperson Ravi Agarwal
The days of intrusive tax scrutiny and compliance enforcement are over and tax administration will be based purely on trust
Size of Income Tax-Act to reduce by half in new Bill: CBDT chief
The government has tried to remove redundancies in the Income Tax Act-1961, under the Bill to be tabled next week.
Most suggestions on IT Act were about simplifying language, widening presumptive taxation: CBDT Chairman
An Income-Tax Department internal committee reviewing the old direct tax law to pave the way for a new one has
Budget 2025: Reduce Tax On FD Gains, Adjust Income Tax Exemption Limit With Inflation, Says CBDT Ex-Chair
Ahead of Budget 2025, the government should focus on reduction in tax on gains on bank deposits, adjusting income tax
