New Delhi [India], August 10 (ANI): Once the Taxation Laws (Amendment) Bill, 2021 becomes law by early next week, the Government will have to pay Rs 8000 crore to four companies including Cairn Energy, Vodafone, WNS Capital and one more, said Central Board of Direct Taxes (CBDT) Chairpers
New Delhi [India], August 10 (ANI): The Parliament on Monday passed a bill that seeks to do away with the contentious retrospective tax provision and will impact retro tax cases of Cairn Energy and Vodafone.
New Delhi [India], August 7, (ANI): The Central Board of Direct Taxes (CBDT) has issued refunds of Rs 45,897 crore to 21.32 lakh taxpayers between April 1 and August 2, said the Income Tax Department of India on Saturday.
Seoul [South Korea], August 5 (ANI/Global Economic): Samsung Electronics will also participate in the 'central bank digital currency (CBDC)' simulation test research project conducted by the Bank of Korea.
New Delhi [India], August 3 (ANI): The Central Board of Direct Taxes (CBDT) has extended the due dates for electronic filing of various forms under the Income-tax Act, 1961 considering the difficulties reported by the taxpayers and other stakeholders in the electronic filing of certain Forms
New Delhi [India], July 29 (ANI): Income Tax Department carried out searches on properties of a prominent group in Jharkhand dealing in building construction and real estate, the Central Board of Direct Taxes (CBDT) said on Thursday.
New Delhi [India], July 26 (ANI): The Committee of Secretaries (CoS) is likely to meet on July 29 and 30 to select new board members of the Central Board of Direct Taxes (CBDT), according to sources.
New Delhi [India], July 24 (ANI): Faceless assessment system will soon have the facility of a virtual conference where assessees can interact with tax officers and represent their cases and grievances.
New Delhi [India], July 20 (ANI): The income tax department has granted further relaxation in the electronic filing of forms 15CA and 15CB in view of difficulties reported by taxpayers in the filing of forms online on the new e-filing portal http://incometax.gov.in.
New Delhi [India], July 5 (ANI): The Ministry of Finance on Monday informed that the Central Board of Direct Taxes (CBDT) has granted further relaxation in the electronic filing of Income Tax Forms 15CA/15CB.
Seoul [South Korea], May 25 (ANI/Global Economic): The Bank of Korea is launching a simulation of Central Bank Digital Currency (CBDC) in August. Rather than issuing and commercializing CBDC right away, the idea is to test in advance from CBDC manufacturing to payment in a virtual environmen
London [UK], May 22 (ANI): The broader adoption of general-purpose central bank digital currencies (CBDCs) will present authorities with trade-offs between the associated risks and benefits, according to Fitch Ratings.