Search For "direct taxes"
CBDT eases process of issuing certificates for collection of TDS, TCS
Updated : 5 years, 11 months ago IST
New Delhi [India] Mar 31 (ANI): The Central Board of Direct Taxes (CBDT) on Tuesday issued notification easing the process of issuing certificates for lower rate/nil deduction/collection of TDS or TCS with reference to the financial year 2020-21.
Read More
IRS officers KM Prasad and SK Gupta appointed CBDT board members
Updated : 5 years, 11 months ago IST
New Delhi [India], Mar 25 (ANI): The Appointment Committee of the Cabinet has approved the appointment two Indian Revenue Service (IRS) officers as members of the Central Board of Direct Taxes (CBDT).
Read More
IT department designates authority for information relating to country-by
Updated : 5 years, 12 months ago IST
New Delhi [India], Mar 20 (ANI): With Central Board of Direct Taxes(CBDT) notifying rules for furnishing "Country-by-Country Report" (CbC) specifying information pertaining to all large multinational enterprises (MNEs), the Finance Ministry on Thursday said that Joint Director of Income-tax
Read More
CBDT issues FAQs on Vivad se Vishwas Scheme, 2020
Updated : 6 years ago IST
New Delhi [India], Mar 5 (ANI): The Central Board of Direct Taxes (CBDT) on Thursday issued Frequently Asked Questions (FAQs) on the Direct Tax 'Vivad Se Vishwas' scheme to provide clarity about the various provisions contained in the scheme.
Read More
Lok Sabha passes Direct Tax Vivad Se Vishwas Bill amid din
Updated : 6 years ago IST
New Delhi [India], March 4 (ANI): The Lok Sabha on Wednesday passed the Direct Tax Vivad Se Vishwas Bill, 2020 which provides for dispute resolution related to direct taxes.
Read More
Mutual funds to deduct TDS only on dividend payments, not on capital gains
Updated : 6 years, 1 month ago IST
New Delhi [India], Feb 4 (ANI): Mutual funds will have to deduct TDS at 10 per cent only on dividend payments and not on the income which is in the nature of capital gains, according to the clarification by the Central Board of Direct Taxes (CBDT) on Tuesday.
Read More
Broader tax base will allow tweaking of tax rates: CBDT
Updated : 6 years, 1 month ago IST
New Delhi [India], Feb 4 (ANI): As the tax base gets broader, there is a chance of tweaking the tax rates as there is a large portion of unorganised sector which is outside the tax framework, Chairman of the Central Board for Direct Taxes (CBDT) Pramod Chandra Mody said on Tuesday.
Read More
Budget proposes wide-ranging facilitation measures in direct tax regime
Updated : 6 years, 1 month ago IST
New Delhi [India], Feb 1 (ANI): The Union Budget 2020-21 has proposed a new scheme called 'Vivad Se Vishwas' (no dispute but trust) which aims at reducing litigations in the direct taxes payments.
Read More
Interaction for 2 vacant CBDT board member posts to be held on Jan 23
Updated : 6 years, 2 months ago IST
New Delhi [India], Jan 18 (ANI): Interaction for the selection of candidate for two vacant posts in the Central Board of Direct Taxes (CBDT) board, the top policy-making body of the Income Tax Department, will be held on January 23, sources said.
Read More
CBDT relaxes eligibility conditions for filing of I-T return Form-1, Form-
Updated : 6 years, 2 months ago IST
New Delhi [India], Jan 9 (ANI): The Central Board of Direct Taxes (CBDT) has granted relaxation in eligibility conditions for filing of Income-tax Return Form-1 (Sahaj) and Form-4 (Sugam) for Assessment Year 2020-21.
Read More
CBDT extends due date for filing of ITRs, TARs for all assesses of Jammu a
Updated : 6 years, 2 months ago IST
New Delhi [India], Dec 24 (ANI): The Central Board of Direct Taxes (CBDT) on Tuesday extended the due date for filing of income tax returns and tax audit reports to January 31, 2020 for all categories of assesses in the union territories of Jammu and Kashmir, and Ladakh.
Read More
CBDT seeks inputs on Fund Manager Regime
Updated : 6 years, 3 months ago IST
New Delhi [India], Dec 5 (ANI): Central Board of Direct Taxes (CBDT) issued a draft notification seeking inputs for framing of rules with respect to Fund Manager Regime under Section 9A of the I.T. Act, 1961.
Read More