Search For "cbd"
CBDT issues Central Action Plan 2024-25 to resolve high-priority tax deman
Updated : 1 year, 6 months ago IST
CAP 2024-25 calls for quick resolution of high-priority tax demand cases, identification of above Rs 2 lakh cash transactions at high-risk sectors like hotels and luxury retailers and widening of the tax base.
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Direct tax collections 24 pc higher at Rs 8.1 lakh crore
Updated : 1 year, 7 months ago IST
The gross direct tax collections by the government so far in 2024-15 were 24 per cent higher on a yearly basis at Rs 8.13 lakh crore, data released by the Central Board of Direct Taxes (CBDT) showed on Monday. During the same period last year, the gross tax collections were Rs 6.55 lakh cror
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Provisions of TDS/TCS in case of death of deductee or collectee relaxed
Updated : 1 year, 7 months ago IST
The government has relaxed provisions of TDS/TCS in the event of death of deductee/collectee before the linkage of PAN and Aadhaar card.
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Tax clearance certificate to fly abroad not mandatory for all, government
Updated : 1 year, 7 months ago IST
In reference to some misleading reports being circulated that a mandatory tax clearance is required for individuals before flying abroad, the government has clarified that under section 230 of the Income-tax Act, 1961, every person is not required to obtain a tax clearance certificate. Read More
Maharashtra: Third body retrieved after three-storey building collapses in
Updated : 1 year, 7 months ago IST
A third body was retrieved and handed over to civil police after a three-storey building collapsed in Navi Mumbai's Shahbaz village in CBD Belapur on Saturday morning, National Disaster Response Force sources said.
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Reforms in pension scheme, tax on deposits, PSBs' consolidation must be on
Updated : 1 year, 8 months ago IST
The key reforms brought in over the past decade were Jan Dhan; Digitization, financial inclusion; recapitalisation of PSBs; API-based banking; Insolvency and Bankruptcy Code; GST; and platform business models, among others.
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Commercial Bank of Dubai Names QualityKiosk as Exclusive Partner to Develo
Updated : 1 year, 10 months ago IST
New Delhi [India], May 13: QualityKiosk Technologies (QK), a global leader in reliability engineering solutions, is broadening its partnership with Commercial Bank of Dubai (CBD) to enhance the bank's digital experiences for its customers.
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Private digital currencies are potentially dangerous, CBDC a safer alterna
Updated : 1 year, 10 months ago IST
Reserve Bank of India Governor Shaktikanta Das said on Monday that Central Bank Digital Currency (CBDC) or digital currency, can drive financial inclusion and provide a much safer alternative to potentially dangerous private digital currencies.
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CBDT extends due date for filing Form 10A/10AB
Updated : 1 year, 10 months ago IST
The Central Board of Direct Taxes (CBDT) further extended the due date for filing Form 10A/ Form 10AB under the Income-tax Act, 1961 up to June 30, 2024.
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Election Commission directs CBDT to verify any 'mismatch' in affidavit det
Updated : 1 year, 11 months ago IST
The Election Commission of India (ECI) directed the Central Board of Direct Taxes (CBDT) to verify any mismatch in affidavit details submitted by Union Minister Rajeev Chandrashekhar, the BJP contesting candidate from Thiruvananthapuram Lok Sabha seat, sources said.
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No special drive to reopen cases on HRA claims, clarifies CBDT
Updated : 1 year, 11 months ago IST
According to a press release, the CBDT has emphasized that there is no concerted effort to reopen cases en masse, particularly concerning HRA claims.
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Functionalities to file commonly used Income Tax Returns enabled by CBDT o
Updated : 1 year, 11 months ago IST
The Central Board of Direct Taxes (CBDT) has facilitated taxpayers to file their Income Tax Returns (ITRs) for the Assessment Year 2024-25 (relevant to Financial Year 2023-24) from April 1, 2024 onwards.
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