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CBDTs 'Operation Clean Money' driving elimination of black money
Updated : 8 years, 6 months ago IST
New Delhi [India], Apr. 14 (ANI): 'Operation Clean Money', an initiative to eradicate black money from the economy successfully entered into its second phase, identifying more than 60,000 persons, including 1300 high risk persons for investigation into claims of excessive cash sal
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Self-certification of bank accounts by Apr. 30 or closure
Updated : 8 years, 6 months ago IST
New Delhi [India], Apr 12 (ANI): As part of the Foreign Account Tax Compliance Act (FATCA) compliance, the bank accounts opened between July 1, 2014, and August 31, 2015, are required to submit self certification forms by April 30 this year failing which the accounts will be blocked, said a
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CBDT to issue PAN, TAN within a day to improve Ease of Doing Business
Updated : 8 years, 6 months ago IST
New Delhi [India], Apr. 11 (ANI): In order to improve the Ease of Doing Business for newly incorporated corporates, the Central Board of Direct Taxes (CBDT) has tied up with Ministry of Corporate Affairs (MCA) to issue Permanent Account Number (PAN) and Tax Deduction Account Number (TAN) in
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CBDT signifies achievements towards eliminating domestic Black Money
Updated : 8 years, 6 months ago IST
New Delhi [India], Apr 7 (ANI): The Central Board of Direct Taxes on Friday signified the concerted and coordinated actions of Law Enforcement Agencies (LEAs) under the Department of Revenue who have achieved phenomenal success in fighting the menace of black money during the last three year
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CBDT lays out mandatory quoting of Aadhaar; includes PAN applications, fil
Updated : 8 years, 6 months ago IST
New Delhi [India], Apr 5 (ANI): The Central Board of Direct Taxes on Wednesday notified that under the Section 139AA of the Income-tax Act, 1961 as introduced by the Finance Act, 2017 provides the mandatory quoting of Aadhaar or Enrolment ID of Aadhaar application form for filing of return o
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CBDT accomplishes Direct Taxes collection target for FY 2016-17
Updated : 8 years, 6 months ago IST
New Delhi [India], Apr 4 (ANI): Central Board of Direct Taxes on Tuesday said that the provisional figures for revenue collections up to March, 2017 showed a gross Direct Tax collection of Rs. 10.09 lakh crore.
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CBDT seeks suggestion on draft notification of STT chargeability rules
Updated : 8 years, 6 months ago IST
New Delhi [India], Apr. 3 (ANI): The Central Board of Direct Taxes (CBDT) on Monday requested the stakeholders to submit their comments/ suggestions on the draft notification under Section 10(38) of Income Tax Act, 1961.
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CBDT's APA Program crosses the 150 mark
Updated : 8 years, 6 months ago IST
New Delhi [India], Apr. 1 (ANI): The Central Board of Direct Taxes (CBDT) entered into nine new Advance Pricing Agreements (APAs) during the last two days of the current financial year, thus crossing the 150 mark.
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CBDT notifies new Income Tax Return Forms for AY 2017-18
Updated : 8 years, 6 months ago IST
New Delhi [India], Mar 31 (ANI): The Central Board of Direct Taxes on Friday notified Income-tax Return Forms (ITR Forms) for the Assessment Year 2017-18, announcing one of the major reforms made in the notified ITR Forms is the designing of a one page simplified ITR Form-1(Sahaj).
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CBDT represents India at the IMF Conference; shares insights on demonetisa
Updated : 8 years, 6 months ago IST
New Delhi [India], Mar 24 (ANI): International Monetary Fund (IMF) which has 189 countries as member for Global Monetery co-operation in its conference called the Indian Government to share the success story of Demonetisation.
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CBDT unveils Direct Tax collections up to February; shows growth of 10.7 p
Updated : 8 years, 6 months ago IST
New Delhi [India], Mar 10 (ANI): The Central Board of Direct Taxation (CBDT) on Friday reported the Direct tax collections up to February 2017 to witness steady growth trend.
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CBDT to make separate wing to probe benami, black money
Updated : 8 years, 6 months ago IST
By Shailesh Yadav
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