Income tax employees across the country will boycott the official Income Tax Day celebrations on July 24, as part of an escalating protest against what they term the "persistent apathy" of the Central Board of Direct Taxes (CBDT) toward their pressing concerns.
India's direct tax collections, in gross terms, have witnessed a robust growth of 3.2 per cent year-on-year so far in 2025-26, reaching Rs 6.64 lakh crore, data released by the Central Board of Direct Taxes (CBDT) showed. In 2024-25 same period, it was Rs 6.44 lakh crore.
The Central Board of Direct Taxes (CBDT) Chairman Ravi Agarwal has issued strict directives to Faceless Assessment Officers (FAOs) to avoid raising irrelevant queries while conducting faceless assessments, emphasising the need for more focused and case-specific scrutiny procedures.
The Appointments Committee of the Cabinet has approved the re-appointment of Ravi Agrawal, as Chairman of the Central Board of Direct Taxes (CBDT) on a contract basis for one year, effective from July 1, 2025, to June 30, 2026, or until further orders, according to an official order.
India's gross direct tax collections for the financial year 2025-26 rose by 4.86 per cent to about Rs 5.45 lakh crore as of June 19, compared to about Rs 5.19 lakh crore collected during the same period last year, according to data released by the Income Tax Department.
Bengaluru (Karnataka) [India], June 7: As India and its neighbours continue to confront the double threat of increasing natural disasters and unpredictable man-made crises--including the recent cross-border tensions in northern districts--CBDM India 2025 emerges as a timely national response
Pune (Maharashtra) [India], May 26: Pune's commercial real estate market has been on a steady rise, with the city recording an 8 million sq. ft. leasing volume in 2024, reflecting a 19% year-on-year increase (Knight Frank, 2025). At the heart of this growth is Kharadi - a neighborhood that h
The Central Board of Direct Taxes (CBDT) has issued Notification No. 42/2025, dated May 1st, 2025, unveiling the new Income Tax Return (ITR) Form 5 for the Assessment Year 2025-26, the Income Tax Department said on its official X page.
India's direct tax collections, in gross terms, have witnessed a robust growth of 15.59 per cent year-on-year, reaching Rs 27.02 lakh crore in the financial year 2024-25, data released by the Central Board of Direct Taxes (CBDT) showed. In 2023-24, it was Rs 23.38 lakh crore.
The Income Tax Department has introduced the 'e-Pay Tax' feature on its official online portal to facilitate the taxpayers by easing various processes, according to the Central Board of Direct Taxes (CBDT).
Mumbai (Maharashtra) [India], April 18: Van Heusen, India's leading premium fashion brand, proudly announces the grand opening of its newest store in CBD Belapur, Navi Mumbai. Strategically located at Shop No.4, Ground & First Floor, Greenscape Shakti, Sector 15, this compact-yet-chic ou