Search For "direct tax"
President Murmu addresses 79th batch of IRS officer trainees
Updated : 1 week, 3 days ago IST
President Droupadi Murmu on Tuesday addressed officer trainees of the 79th batch of the Indian Revenue Service (IT) at Rashtrapati Bhavan in the national capital.
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LTM to Modernize India's Tax Analytics Platform Leveraging NVIDIA AI Techn
Updated : 1 week, 3 days ago IST
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
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India and France sign the Amending Protocol to amend the India-France Doub
Updated : 1 week, 3 days ago IST
During the recent visit of the France President to India, the Indian Government and the Government of the French Republic have signed a Protocol amending the India-France Double Taxation Avoidance Convention, signed on 29 September 1992 ('India-France DTAC'). The Amending Protocol was signed
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Net direct tax collections spike by 9.40% in FY26
Updated : 1 week, 3 days ago IST
According to official data, gross direct tax collections stood at Rs 22,78,068.60 crore, marking a 4.09 per cent increase over Rs 21,88,554.86 crore collected during the same period last year
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Budget measures are to ease compliance and reduce litigation: CBDT Chairma
Updated : 1 week, 3 days ago IST
These measures include integrating assessment and penalty proceedings into a single process, a move expected to significantly reduce the time and resources taxpayers expend.
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Reforms in direct taxes ensure taxpayers can manage liabilities, reduce di
Updated : 1 month, 3 weeks ago IST
While speaking at a post-Budget interactive session organised by the Confederation of Indian Industry (CII), the Secretary highlighted key reforms in direct taxation, and noted that the timeline for revising income tax returns has been extended by one quarter, giving taxpayers additional tim
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Budget reinforces long-term biopharma growth despite no new tax incentives
Updated : 1 month, 3 weeks ago IST
The Union Budget 2026 has signalled a sustained policy push for India's pharmaceutical and life sciences sector, with a strong emphasis on biopharma innovation, research infrastructure and affordability, even as direct tax incentives remain unchanged, noted EY's Budget sectoral alert.
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Govt's tax collections remain weak in FY26 so far, likely to improve in FY
Updated : 1 month, 4 weeks ago IST
The central government's tax collections have remained weak so far in the ongoing financial year 2025-26 (FY26), with growth significantly lower than budgeted estimates, but the situation is expected to improve in the next financial year, FY27, according to a report by CareEdge Ratings.
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Budget 2026: Finance Ministry details progress made by Govt, previous key
Updated : 2 months ago IST
The Government of India has completed the implementation of several key direct tax reforms announced in recent Union Budgets, aiming to enhance investment certainty and reduce the compliance burden for taxpayers. As the presentation of the Union Budget 2026-27 approaches, the Ministry of
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Govt unlikely to announce major direct tax changes in Budget 2026: Deloitt
Updated : 2 months, 1 week ago IST
"I feel the big ticket direct tax reform has already happened, which is in the form of the new Income Tax Act that we have now," Hemkar told ANI in an exclusive interview.
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India's net direct tax collections in FY26 rise, grow 8.82% to Rs 18.38 la
Updated : 2 months, 1 week ago IST
India's net direct tax collections for the financial year 2025-26 have recorded a strong growth of 8.82 per cent, reaching Rs 18.38 lakh crore as of January 11, 2026, compared with Rs 16.89 lakh crore collected during the same period last year, according to official data released by the Inco
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Government launches NUDGE campaign to help taxpayers fix return errors vol
Updated : 3 months ago IST
The Government of India has launched a data-driven "NUDGE" campaign for the Assessment Year 2025-26 to encourage taxpayers to voluntarily review their deduction and exemption claims. This initiative uses risk analytics to identify claims that appear potentially ineligible. According to a rel
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