New Delhi [India], July 26 (ANI): The Committee of Secretaries (CoS) is likely to meet on July 29 and 30 to select new board members of the Central Board of Direct Taxes (CBDT), according to sources.
New Delhi [India], July 24 (ANI): Faceless assessment system will soon have the facility of a virtual conference where assessees can interact with tax officers and represent their cases and grievances.
New Delhi [India], July 24 (ANI): Honest taxpayers deserve to be recognised for the contribution they are making to the progress of the nation by dutifully paying their due share of taxes, said union finance minister Nirmala Sitharaman on Saturday.
New Delhi [India], July 10 (ANI): Despite the worse condition due to COVID-19 which impacted economic growth, the net direct tax collection has doubled to over Rs 2.49 lakh crore so far this fiscal, mainly driven by personal income tax and advance tax mop up, Income Tax department sources
New Delhi [India], July 5 (ANI): The Ministry of Finance on Monday informed that the Central Board of Direct Taxes (CBDT) has granted further relaxation in the electronic filing of Income Tax Forms 15CA/15CB.
New Delhi [India], May 1 (ANI): In view of the ongoing COVID-19 pandemic, the Centre on Saturday announced that the timelines of certain compliances have been extended till May 31.
New Delhi [India], April 24 (ANI): The government has extended certain timelines in light of the raging COVID-19 pandemic. It has decided that the time for payment of the amount payable under the Direct Tax Vivad se Vishwas Act, 2020, without an additional amount, shall be further extended t
New Delhi [India], April 9 (ANI): Faceless assessment, faceless appeals and online facilities have provided confidence to taxpayers, so they are discharging their tax obligations and this is the main reason why direct tax collection surpassed revised budget estimate for 2020-21, says Cent
New Delhi [India], Apr 9 (ANI): Faceless assessments and appeals along with online facilities provided confidence in tax payers discharging their liabilities which led to direct tax collections surpassing the revised budget estimate for 2020-21, Central Board of Direct Taxes (CBDT) Chairman
New Delhi [India], April 9 (ANI): Provisional figures of direct tax collections for 2020-21 show that net collections are at Rs 9.45 lakh crore, the government said on Friday.
Surat (Gujarat) [India], April 7 (ANI/PNN): Taxmann is considered to be the most trusted and authentic publisher of Tax laws for decades in India. Renowned Chartered Accountant from Surat, CA Ravi Chhawchharia's book on 'Direct Tax Laws and International Taxation' is now published across Ind
New Delhi [India], April 1 (ANI): In an effort to provide immediate relief to the taxpayer amid the COVID-19 pandemic, the Central Board of Direct Taxes (CBDT) has issued refunds of more than Rs 2.62 lakh crore to more than 2.38 crore taxpayers during the Financial Year 2020-21.