Life Insurance Tax Benefits

New Delhi [India], March 24: Life insurance plans offer more than just financial security for your loved ones, they...

Centre seeks suggestions from stakeholders for new tax bill

Regarding the Income Tax Bill 2025, which was introduced in Parliament and is currently under examination by the...

Claims that new powers being introduced in new tax bill incorrect

In the July 2024 Budget, the government had proposed a comprehensive review of the Income-tax Act, 1961. The purpose...

Baijayant Panda to chair Select Committee on Income-Tax Bill

This new bill, tabled in Lok Sabha by Finance Minister Nirmala Sitharaman on Thursday, seeks to replace the existing...

I was not allowed to reply to her questions: Raghav Chadha on FM

Minister Sitharaman, earlier on Friday, tabled the New Income Tax Bill, 2025, which aims to simplify tax laws,...

Govt reduces charges for TDS default from multiple rates

The new guidelines by Central Board of Direct Taxes (CBDT) for the compounding of offences under the Income-tax Act,...

CBDT issues Revised Guidelines for compounding offences under IT

In conformity with the Finance Minister's budget announcement on simplification and rationalization of compounding...

Reminder for International Businesses

New Delhi [India], October 11: Businesses with operations in India or conducting transactions with related parties...

CBDT forms committee to comprehensively review Income-tax Act

The Central Board of Direct Taxes (CBDT) has formed an internal committee to oversee a comprehensive review of the...

IT Department summons Assam Congress leader Bhupen Borah

An official release by the Income Tax Department stated that Bhupen Kumar Borah's attendance is required in...

Tax clearance certificate to fly abroad not mandatory for all

In reference to some misleading reports being circulated that a mandatory tax clearance is required for...

CBDT extends due date for filing Form 10A/10AB

The Central Board of Direct Taxes (CBDT) further extended the due date for filing Form 10A/ Form 10AB under the...