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.
The provisional figures of Direct Tax collections up to 10th November, 2025 show that net collections stand at Rs 12.92 lakh crore, compared to Rs 12.08 lakh crore in the corresponding period of the preceding financial year, representing a growth of 7.00 per cent.
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.
The PHD Chamber of Commerce and Industry (PHDCCI) has submitted its pre-Budget memorandum for the Union Budget 2026-27, urging the government to adopt a series of direct tax reforms, among others, aimed at bolstering manufacturing, innovation, and taxpayer compliance.
The gross direct tax collection of the Central government has increased by 2.36 per cent so far in the current financial year (as of October 12, 2025), compared to the same period last year, according to data released by the Income Tax Department.
Sports Authority of India secured the third position in the tournament as they won the bronze medal against the Central Board of Direct Taxes held at the Shivaji Stadium in New Delhi, as per a Hockey India press release.
The Office of the Comptroller and Auditor General of India entered into a Memorandum of Understanding (MoU) with the Central Board of Direct Taxes (CBDT) here on Tuesday. The MoU was signed by Ravi Agrawal, Chairman, CBDT, and AM Bajaj, Dy CAG (Commercial & CRA), in the presence of CAG K San
The Central Board of Direct Taxes (CBDT), Department of Revenue, Ministry of Finance, along with its subordinate offices across the country, will actively participate in this transformative initiative led by the Department of Administrative Reforms and Public Grievances (DARPG).