The Appointments Committee of the Cabinet has approved the re-appointment of Ravi Agrawal, as Chairman of the Central Board of Direct Taxes (CBDT) on a contract basis for one year, effective from July 1, 2025, to June 30, 2026, or until further orders, according to an official order.
Jaipur (Rajasthan) [India], June 24: Tax2win.in, a government-authorised ERI and one of India's leading online tax filing platforms, has launched its Self ITR Filing service for Financial Year 2024-25 (Assessment Year 2025-26), supporting both ITR-1 and ITR-4 forms. Powered by an advanced AI
San Jose (California) [US], June 12: Automation Anywhere, the leader in Agentic Process Automation (APA), today announced strong financial results for the first quarter of fiscal year 2026, demonstrating significant growth and profitability fueled by increasing demand for its Agentic Process
New Delhi [India], June 5: Life insurance is not just a tool for financial protection but also an effective way to save on taxes. In India, the Income Tax Act provides various benefits for policyholders, making life insurance a popular choice among taxpayers. This article delves into the lif
The Adani Group's total contribution to the exchequer increased by 29 per cent to Rs 74,945 crore from Rs 58,104 crore in FY 2023-24 through its portfolio of listed entities for the fiscal year 2025, the conglomerate said in a release.
While speaking with ANI, the state's Finance Minister, Suresh Khanna, said that CM Yogi laid out several demands in front of the Finance Commission. This also included a demand to increase state's share in central taxes.
Minister of State for Finance Pankaj Chaudhary, Revenue Secretary Arvind Srivastava, Central Board of Indirect Taxes and Customs Chairman Sanjay Agarwal and other members of the board were also present during the inauguration.
India's economy recorded strong growth in the fourth quarter of FY25, mainly due to a sharp rise in net indirect taxes, stated a report by State Bank of India.
Puri mentioned that the government had reduced the cess on petrol and diesel in November 2021 and May 2022, leading to price reductions of Rs 13 and Rs 16 per liter, respectively. He attributed this to the combined efforts of the central and state governments in reducing taxes.
Government restoring Remission of Duties and Taxes on exported products is welcomed by the Global Trade Research Initiative (GTRI) but suggested that government must ensure uninterrupted coverage of the scheme for at least five years.