Mumbai (Maharashtra) [India], February 26: LTM (Name change from LTIMindtree, subject to shareholder approval) - the Business Creativity partner to the world's largest enterprises, today announced it is collaborating with NVIDIA to support the Central Board of Direct Taxes (CBDT) in moderniz
The government has urged citizens to study the Income-tax Act, 2025, and make suggestions, which will be compiled and considered for review before final notification.
These measures include integrating assessment and penalty proceedings into a single process, a move expected to significantly reduce the time and resources taxpayers expend.
India's direct tax collections, in gross terms, have witnessed a robust growth of 4.16 per cent year-on-year so far in 2025-26, reaching Rs 20 lakh crore, data released by the Central Board of Direct Taxes (CBDT) showed Friday.
The Central Board of Direct Taxes (CBDT) has stepped up its data-driven push to curb bogus tax deduction claims, warning taxpayers to correct wrong filings after uncovering widespread misuse of donation-based exemptions, according to a Ministry of Finance release issued on Saturday.
The Central Board of Direct Taxes (CBDT) on Thursday announced the launch of the second phase of its NUDGE initiative, aimed at strengthening voluntary compliance in the reporting of foreign assets and income
The Central Board of Direct Taxes (CBDT) on Thursday announced the launch of the second phase of its NUDGE initiative aimed at strengthening voluntary compliance in reporting foreign assets and income.
India has taken a proactive stance in adapting tax laws to the digital era and the rise of borderless digital businesses challenges traditional taxation, and India leads globally in ensuring fair, transparent, and equitable revenue distribution, Varunesh Mishra, Joint Commissioner of Income
The Central Board of Direct Taxes (CBDT), Department of Revenue, achieved significant results under the Special Campaign 5.0 for Swachhata and Disposal of Pending Matters, according to the Ministry of Finance.