Search For "tax administration"
LTM to Modernize India's Tax Analytics Platform Leveraging NVIDIA AI Techn
Updated : 2 weeks, 3 days 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
Read More
C J Roy death case: Kerala CM Vijayan writes to FM Sitaraman seeking judic
Updated : 1 month, 1 week ago IST
In the strongly worded letter, the Chief Minister termed the incident a "blot on the country's tax administration" and raised serious concerns about alleged procedural lapses during the search. He questioned how Roy was able to access a loaded gun while officials were present, calling it
Read More
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
Read More
Complete customs overhaul will be next major reform push: Sitharaman
Updated : 3 months, 1 week ago IST
Minister of Finance and Corporate Affairs Nirmala Sitharaman said on Saturday that a complete overhaul of the customs system would be her next major assignment as part of broader efforts to reform the economy.
Read More
Trust-Based taxation governance key to strengthening compliance and transp
Updated : 5 months ago IST
Government think tank Niti Aayog recommends a trust-based taxation governance system, to enhance voluntary compliance, reduce administrative friction, and improve the overall efficiency of public revenue management.
Read More
Finance Minister honors Tax officers for outstanding service on 166th Inco
Updated : 7 months, 1 week ago IST
Finance Minister Nirmala Sitharaman honored several Income Tax officers for their exceptional contributions to the department during the celebration of the 166th Income Tax Day, recognising decades of service in modernising India's tax administration.
Read More
Digital infrastructure transforms India's tax administration, refunds surg
Updated : 8 months ago IST
India's tax administration has undergone a dramatic transformation over the past decade, with taxpayer refunds growing at nearly double the pace of tax collections, Ministry of Finance sources told ANI.
Read More
India's tax reforms, digital push have increased revenue, cut compliance c
Updated : 8 months, 2 weeks ago IST
Union Finance and Corporate Minister Nirmala Sitharaman on Tuesday said that India's tax reforms and digital transformation in tax administration have increased revenue and reduced compliance costs.
Read More
UK India Business Council welcomes Union Budget's focus on regulatory refo
Updated : 1 year, 1 month ago IST
UKIBC also welcomes the focus on key domains such as tax administration and policy, urban development, energy security, financial sector, and regulatory reforms.
Read More
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
Read More
India's Tax agency plays key role in promoting adoption of digital public
Updated : 2 years, 11 months ago IST
The working paper 'Stacking up the Benefits Lessons from India's Digital Journey" said that the core tax administration operations rely heavily on DPI initiatives, where Aadhaar is expected to revolutionize tax administration compliance activities by promoting the consistency of registers
Read More
Income Tax dept selects 68,000 high-value transaction cases for e-verifica
Updated : 3 years ago IST
CBDT chief Gupta said that the I-T department had taken several progressive steps to encourage voluntary tax compliance and facilitate a transparent and non-intrusive tax administration. One such major initiative is the e-Verification Scheme, 2021, which was notified on December 13, 2021.
Read More