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CBDT refunds Rs 71,229 crore during Covid-19 to help taxpayers
Updated : 5 years, 8 months ago IST
New Delhi [India], July 17 (ANI): The Central Board of Direct Taxes (CBDT) said on Friday it issued refunds worth Rs 71,229 crore in more than 21.24 lakh cases till a week ago to help taxpayers with liquidity in the Covid-19 pandemic days.
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CBDT, SEBI sign MoU for data exchange
Updated : 5 years, 8 months ago IST
New Delhi [India], July 8 (ANI): A formal Memorandum of Understanding (MoU) was signed on Wednesday between the Central Board of Direct Taxes (CBDT) and the Securities and Exchange Board of India (SEBI) for data exchange between the two organisations.
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No proposal to merge CBDT, CBIC, says Centre; refutes media report as 'bas
Updated : 5 years, 8 months ago IST
New Delhi [India], July 6 (ANI): The government is not considering any proposal to merge the Central Board of Direct Taxes (CBDT) and Central Board of Indirect Taxes and Customs (CBIC), the Union Finance Ministry said on Monday.
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Filing of ITR for FY 2019-20 extended till Nov 30
Updated : 5 years, 8 months ago IST
New Delhi [India], July 4 (ANI): The Income Tax Department stated that the filing of income-tax returns (ITR) for Financial Year 2019-20 has been extended till November 30.
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I-T department refunds Rs 62,361 crore during COVID-19 lockdown days: CBDT
Updated : 5 years, 8 months ago IST
New Delhi [India], July 3 (ANI): The Central Board of Direct Taxes on Friday announced that the Income Tax Department has issued refunds for over 20.44 lakh cases amounting to more than Rs 62,361 crore.
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Centre extends deadline for filing ITR, linking Aadhaar with PAN
Updated : 5 years, 8 months ago IST
New Delhi [India], June 24 (ANI): The central government on Wednesday extended the deadline for filing revised income-tax returns (ITR) for 2018-19 fiscal till July 31, 2020.
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Fall in direct tax collection on expected lines and temporary: CBDT
Updated : 5 years, 9 months ago IST
New Delhi [India], June 7 (ANI): The Central Body of Direct Taxes (CBDT) on Sunday informed that net direct tax collection for the FY 2019-20 was less than that in comparison to FY 2018-19 but highlighted that this fall in the collection of direct taxes is on "expected lines" and is "tempora
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Tax refunds worth Rs 26,242 crore to tax assesses since April 1: CBDT
Updated : 5 years, 9 months ago IST
New Delhi [India], May 22 (ANI): The Central Board of Direct Taxes (CBDT) has issued tax refunds worth Rs. 26,242 crore to 16,84,298 tax assesses since 1st April to 21st May 2020.
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Kristen Bell is launching her CBD skincare line 'Happy Dance'
Updated : 2 years, 4 months ago IST
Washington D.C. [USA], May 20 (ANI): American actor Kristen Bell has teamed up with celeb-loved CBD brand Lord Jones to launch new hemp (Cannabis sativa plant) derived personal care line called Happy Dance. The skincare line is set to debut this fall.
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TDS, TCS rates for non-salaried payments reduced by 25 per cent till March
Updated : 5 years, 10 months ago IST
New Delhi [India], May 14 (ANI): The Union government on Wednesday announced a reduction in the rate of Tax Deduction at Source (TDS) for the non-salaried specified payments and Tax Collection at Source (TCS) for specified receipts by 25 per cent for the period from May 14, 2020 to March,
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Finance Ministry announces relief for NRIs on residency status amid loc
Updated : 5 years, 10 months ago IST
New Delhi [India], May 8 (ANI): The Finance Ministry on Friday announced relief to those who have been facing difficulty with their residency status in India under section 6 of the Income-tax Act due to lockdown and suspension of international flights owing to COIVD-19 outbreak, as they have
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CBDT amends Rule 44G of Income-tax Rules 1962
Updated : 5 years, 10 months ago IST
New Delhi [India], May 8 (ANI): Central Board of Direct Taxes on Thursday has amended Rule 44G of Income-tax Rules, 1962 for making an application to invoke the mutual agreement procedure in Form no. 34F.
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