67% direct tax demand tough to collect: I-T dept
We have around Rs43,00,000 cr of arrear demand, which is a cause of concern for us. Partly, this is a legacy issue. This ...
Tax Guru1d
CBDT allows data sharing with Delhi’s IT Dept. for social welfare scheme identification
This development aligns with the government’s objective of leveraging taxpayer data to enhance targeted welfare delivery. By granting access to income tax details, the Delhi government aims to ...
Asian News International on MSN5d
CBDT issues clarification on exemptions from Principal Purpose Test in Double Taxation Avoidance Agreements
The Central Board of Direct Taxes (CBDT) has issued a circular aimed at to offer guidance on the application of the Principal ...
The Asian Age2d
CBDT Seeks Inputs on Income Tax Bill 2025
The Central Board of Direct Taxes invites suggestions to simplify tax processes and reduce compliance burdens as the Income ...
Asian News International on MSN4d
India's direct tax collections surge 16.2% to Rs 25.9 lakh crore as of March 16
India's direct tax collections have witnessed a robust growth of 16.15 per cent year-on-year, reaching Rs 25.86 lakh crore in ...
Tribunal directs CBDT to overhaul transfer policy within 6 months
The battle against this open discrimination was taken up by a group of Group C and D employees -- inspectors, stenographers, ...
India Today on MSN1d
Government simplifies compounding rules, relaxes process for tax defaulters
The move aims to provide relief to taxpayers, to settle matters smoothly with the tax authorities and reduce unnecessary ...
CBDT permits tax offence settlement through compounding under revised rules
Taxpayers can now settle offences by paying fine, announced the Central Board of Direct Taxes. But, this applies only if the ...
Grappling with I-T notices, Clean Ganga Mission says ‘faceless assessment process has made matters more difficult’
According to NMCG, “the faceless assessment process” has made matters “more difficult”. It has now requested the CBDT to ...
Rediff Money1d
Direct Tax Arrears: 67% Difficult to Collect, Says IT Dept
Income Tax Department informs a Parliamentary panel that 67% of Rs 43 lakh crore outstanding direct tax demand is difficult ...
The Times of India on MSN4d
CBDT opens intelligence lab in city to combat tax evasion
Hyderabad: The Central Board of Direct Taxes (CBDT) has established a digital intelligence and analytics lab (DIAL) in ...
Deccan Chronicle2d
CBDT Seeks Inputs on Income Tax Bill 2025
New Delhi: As the Income Tax Bill, 2025, introduced in Parliament last month, is currently under examination by a select panel, the Central Board of Direct Taxes (CBDT) on Tuesday asked all the ...