Search For "direct taxes"
Net direct tax collections rise about 20.7% so far in 2023-24
Updated : 2 years, 2 months ago IST
A total of Rs 13.7 lakh crore worth direct taxes (net) have been collected so far in the current financial year 2023-24, representing a 20.66 per cent increase on a yearly basis, according to provisional figures put out by the government on Monday.
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Cash seizure in five poll-bound states beats previous records, says CBDT c
Updated : 2 years, 4 months ago IST
All the law enforcement agencies are working together with great coordination, which has made all this possible, said Nitin Gupta.
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Central Board of Direct Taxes achieves targets of month-long Special Campa
Updated : 2 years, 4 months ago IST
The Central Board of Direct Taxes (CBDT), along with its subordinate offices, enthusiastically participated in Special Campaign 3.0. The campaign was organised in two phases: the preparatory phase from September 14 to September 30, and the implementation phase from October 2 to October 31.
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Record number of over 7.85 crore Income Tax Returns filed till October 31
Updated : 2 years, 4 months ago IST
The total number of ITRs for Assessment Year (AY) 2023-24 filed till October 31, 2023, is more than 7.65 crore.
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Direct Taxes Data shows improved Taxpayer compliance
Updated : 2 years, 4 months ago IST
Income Tax Department has, over the years, focused on several measures to ensure ease in compliance of taxpayers and transparent tax administration. In line with transparency in its functioning, the Department had released the Time Series Data of Direct Taxes and Income Tax Return statistics
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Collected over Rs 700 cr in TDS from online gaming companies, crypto: CBDT
Updated : 2 years, 5 months ago IST
The Central Board of Direct Taxes (CBDT) has collected more than Rs 700 crore as Tax Deduction at Source (TDS) this financial year after a new TDS regime was brought in for online gaming and trade in cryptocurrency, said the tax body's chairman Nitin Gupta
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Gross direct tax collections rise 18 per cent this fiscal
Updated : 2 years, 5 months ago IST
A total of Rs 11.07 lakh crore (gross) worth of direct taxes have been collected so far in the current financial year 2023-24, representing a 17.95 per cent increase on a yearly basis, Central Board of Direct Taxes Chairman Nitin Gupta said on Tuesday.
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Net direct tax collections rise 23 per cent this fiscal
Updated : 2 years, 6 months ago IST
A total of Rs 865,117 crore worth of direct taxes have been collected so far in the current financial year 2023-24, representing a 23 per cent increase on a yearly basis.
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Over 6 crore returns processed, additional info sought from 12 lakh taxpay
Updated : 2 years, 6 months ago IST
The Income Tax Department has so far processed more than 6 crore tax returns for the assessment year 2023-24 out of the 6.84 crore that it has verified
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Income Tax Department unveils revamped website for enhanced taxpayer exper
Updated : 2 years, 6 months ago IST
The newly revamped website was officially launched by Nitin Gupta, Chairman of the Central Board of Direct Taxes (CBDT), during the 'Chintan Shivir' event organized by the Directorate of Income Tax (Systems) in Udaipur, read the Ministry of Finance press release.
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CBDT notifies rule for valuing rent-free accommodation perquisite provided
Updated : 2 years, 7 months ago IST
Board of Direct Taxes, the Central Board of Direct Taxes (CBDT) on Saturday notified amendments to the Income Tax Rules for valuing perquisites of rent-free or concessional accommodation by employers to employees.
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Income Tax dept operationalizes Board for Advance Rulings in Delhi, Mumbai
Updated : 2 years, 7 months ago IST
Earlier in September 2021, the Central Board of Direct Taxes (CBDT) constituted three Boards for Advance Rulings.
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