Search For "central board of direct taxes"
India's direct tax collections surge 16.2% to Rs 25.9 lakh crore as of Mar
Updated : 1 year, 2 months ago IST
India's direct tax collections have witnessed a robust growth of 16.15 per cent year-on-year, reaching Rs 25.86 lakh crore in the financial year 2024-25 (as of March 16, 2025), as per the latest data released by the Central Board of Direct Taxes (CBDT).
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CBDT issues clarification on exemptions from Principal Purpose Test in Dou
Updated : 1 year, 2 months ago IST
The Central Board of Direct Taxes (CBDT) has issued a circular aimed at to offer guidance on the application of the Principal Purpose Test (PPT) provision under India's Double Taxation Avoidance Agreements (DTAAs).
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CBDT's trust first approach yields significant result, 30,161 taxpayers de
Updated : 1 year, 2 months ago IST
The Central Board of Direct Taxes (CBDT) "nudging campaign" has yielded significant results with 30,161 taxpayers declaring foreign assets worth over Rs 29,000 crore, government sources told ANI.
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PAN 2.0: Extra PAN Card? Know the Penalty and Steps to Surrender Duplicate
Updated : 1 year, 2 months ago IST
New Delhi [India], February 26: The government has launched the PAN 2.0 project to improve and consolidate all PAN (Permanent Account Number) related services through advanced e-governance. With a budget of Rs1,435 crore, this initiative by the Central Board of Direct Taxes (CBDT) will moder
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Gross Direct Tax collection sees 19.94 per cent growth as of January 12
Updated : 1 year, 4 months ago IST
Corporate tax (CT) contributed Rs9.72 lakh crore, while non-corporate tax (NCT) stood at Rs10.45 lakh crore. Collections from Securities Transaction Tax (STT) surged to Rs44,538 crore, and other taxes contributed Rs2,868 crore. These figures highlight robust growth across key categories, dri
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IDFC FIRST Bank Goes Live on Direct Tax Collection System of CBDT
Updated : 1 year, 4 months ago IST
Mumbai (Maharashtra) [India], January 10: IDFC FIRST Bank announced its integration with Income Tax Portal to collect Direct Tax on behalf of Central Board of Direct Taxes (CBDT), Government of India. The Bank's customers can now benefit from an intuitive, hassle-free payment experience for
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IDFC FIRST Bank goes live on Direct Tax Collection System of CBDT
Updated : 1 year, 4 months ago IST
Mumbai (Maharashtra) [India], January 9: IDFC FIRST Bank announced its integration with Income Tax Portal to collect Direct Tax on behalf of Central Board of Direct Taxes (CBDT), Government of India. The Bank's customers can now benefit from an intuitive, hassle-free payment experience for p
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New deadline to file belated/revised ITR extended to 15 January for reside
Updated : 1 year, 4 months ago IST
The Central Board of Direct Taxes (CBDT) has extended the last date for furnishing Belated/ Revised return of income (ITR) for the Assessment Year (AY) 2024-25 for Resident Individuals, the CBDT stated in a notification.
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Vivad Se Vishwas Scheme gets one-month extension
Updated : 1 year, 4 months ago IST
The government has extended by a month the due date to resolve pending appeals in the case of income tax disputes under the Vivad Se Vishwas Scheme.
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Direct tax collections rise 20.3% to Rs 19.2 lakh crore by far in 2024-25
Updated : 1 year, 5 months ago IST
The gross direct tax collections by the government so far in 2024-15 were 20.32 per cent higher on a yearly basis at Rs 19.21 lakh crore, data released by the Central Board of Direct Taxes (CBDT) showed on Wednesday.
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Central Board of Direct Taxes extends deadline for taxpayers with internat
Updated : 1 year, 5 months ago IST
The Central Board of Direct Taxes (CBDT) on Saturday extended the due date for filing the return of income tax for tax payers with international transactions who are required to submit informations under section 92E.
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CBDT announces extending ITR filing deadline for corporates till November
Updated : 1 year, 7 months ago IST
The Central Board of Direct Taxes (CBDT) has announced the extension of the due date for filing Income Tax Returns (ITR) for corporates in the assessment year 2024-25, The Ministry of Finance said in an official release on Saturday.
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