Singapore, Sep 13 (ANI): Wide adoption of central bank digital currencies (CBDCs) in cross-border payments and settlements will be credit negative for banks because of lower fees and commissions, Moody's Investors Service said on Monday.
New Delhi [India], September 12 (ANI): The Central Board of Direct Taxes (CBDT) has refunded over Rs 70,120 crore to more than 26.09 lakh taxpayers between April 1 to September 16, the Income Tax Department of India said on Sunday.
New Delhi [India], September 10 (ANI): The Central Board of Direct Taxes (CBDT) on Friday issued clarification regarding carrying forward of losses in case of change in shareholding due to strategic disinvestment.
New Delhi [India], September 9 (ANI): The central government on Thursday extended due dates for filing of Income Tax Returns and various reports of audit for the Assessment Year 2021-22.
New Delhi [India], September 9 (ANI/NewsVoir): The easing of restrictions, pace of vaccination and return of workforce to business have sparked a new interest in India's Commercial Real Estate segment with promising growth projected in the second half of 2021.
New Delhi [India], September 7 (ANI): In order to provide relief to the taxpayers who were eligible to file settlement applications, the Central Board of Direct Taxes (CBDT) on Tuesday said that taxpayers can file applications for settlement by September 30, 2021 before the Interim Board if
New Delhi [India], September 7 (ANI): With the aim to ease authentication of electronic records submitted in faceless assessment proceedings, the central government on Monday amended Income-Tax Rules, 1962.
New Delhi [India], September 4 (ANI): The Central Board of Direct Taxes (CBDT) has issued refunds of over Rs 67,401 crore to more than 23.99 lakh taxpayers between April 1 and August 16, the Income Tax Department of India said on Saturday.
New Delhi (India), September 1 (ANI): Internal Revenue Service (IRS) Officer JB Mohapatra was on Wednesday appointed as the chairman of the Central Board of Direct Taxes.
New Delhi [India], August 29 (ANI): Central Board of Direct Taxes (CBDT) extended the last date of payment under the direct tax dispute resolution scheme Vivad Se Vishwas till September 30, an official release said on Sunday.
New Delhi [India], August 21, (ANI): The Central Board of Direct Taxes (CBDT) has issued refunds of over Rs 49,696 crore to more than 22.75 lakh taxpayers between April 1 and August 16, the Income Tax Department of India said on Saturday.
New Delhi [India], August 11 (ANI): India's Net direct tax collection grew by 95 per cent in the financial year 2021-22 thereby reaching Rs 3.40 lakh crore, said Chairperson of Central Board of Direct Taxes, JB Mohapatra while remaining reasonably optimistic of achieving the target numbers.