India's direct tax collections surge 16.2% to Rs 25.9 lakh crore

India's direct tax collections have witnessed a robust growth of 16.15 per cent year-on-year, reaching Rs 25.86 lakh...

CBDT issues clarification on exemptions from Principal Purpose Te

The Central Board of Direct Taxes (CBDT) has issued a circular aimed at to offer guidance on the application of the...

CBDT's trust first approach yields significant result

The Central Board of Direct Taxes (CBDT) "nudging campaign" has yielded significant results with 30,161 taxpayers...

PAN 2.0: Extra PAN Card? Know the Penalty and Steps to Surrender

New Delhi [India], February 26: The government has launched the PAN 2.0 project to improve and consolidate all PAN...

Gross Direct Tax collection sees 19.94 per cent growth

Corporate tax (CT) contributed Rs9.72 lakh crore, while non-corporate tax (NCT) stood at Rs10.45 lakh crore....

IDFC FIRST Bank Goes Live on Direct Tax Collection System of CBDT

Mumbai (Maharashtra) [India], January 10: IDFC FIRST Bank announced its integration with Income Tax Portal to...

IDFC FIRST Bank goes live on Direct Tax Collection System of CBDT

Mumbai (Maharashtra) [India], January 9: IDFC FIRST Bank announced its integration with Income Tax Portal to collect...

New deadline to file belated/revised ITR extended to 15 January

The Central Board of Direct Taxes (CBDT) has extended the last date for furnishing Belated/ Revised return of income...

Vivad Se Vishwas Scheme gets one-month extension

The government has extended by a month the due date to resolve pending appeals in the case of income tax disputes...

Direct tax collections rise 20.3% to Rs 19.2 lakh crore by far

The gross direct tax collections by the government so far in 2024-15 were 20.32 per cent higher on a yearly basis at...

Central Board of Direct Taxes extends deadline for taxpayers with

The Central Board of Direct Taxes (CBDT) on Saturday extended the due date for filing the return of income tax for...

CBDT announces to extend ITR filing deadline for corporates till

The Central Board of Direct Taxes (CBDT) has announced the extension of the due date for filing Income Tax Returns...