Search For "direct taxes"
President Murmu addresses 79th batch of IRS officer trainees
Updated : 19 hours, 42 min 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 : 19 hours, 22 min 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 : 19 hours, 15 min 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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Budget measures are to ease compliance and reduce litigation: CBDT Chairma
Updated : 19 hours, 3 min 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, 1 week 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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Govt's tax collections remain weak in FY26 so far, likely to improve in FY
Updated : 1 month, 2 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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Government launches NUDGE campaign to help taxpayers fix return errors vol
Updated : 2 months, 3 weeks 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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Gross direct tax collections rise 4.16% to ₹20 lakh crore in FY26 so far,
Updated : 2 months, 3 weeks ago IST
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.
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CBDT nudges taxpayers to curb fake deduction claims through data-driven ch
Updated : 3 months ago IST
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.
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CBDT launches second NUDGE initiative to boost voluntary compliance on for
Updated : 3 months, 2 weeks ago IST
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
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CBDT launches second NUDGE initiative to boost voluntary compliance on for
Updated : 3 months, 2 weeks ago IST
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.
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India leads global tax policy shift amid expanding digital economy: CBDT J
Updated : 4 months, 1 week ago IST
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
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