New Delhi [India], June 17 (ANI): India's net collection from direct taxes rose to Rs 3,39,225 crore in the current financial year till June 16 as compared to Rs 2,33,651 crore recorded in the corresponding period of the last year, registering a year-on-year growth of 45 per cent, as per the
New Delhi [India], June 7 (ANI): The Central Board of Direct Taxes Chairperson Sangeeta Singh on Tuesday, has said that an issue relating to the search functionality and non-accessibility of the e-filing website has come to its notice.
New Delhi [India], May 26 (ANI/PNN): Do you also dread that time of the year when you have to comply with taxation formalities like submitting an investment declaration and filing your income tax return? Do you also find yourself wasting time trying to figure it all out?
New Delhi [India], May 1 (ANI): Sangeeta Singh, a 1986 batch Indian Revenue Service (IRS) officer has been given additional charge of Chairman, Central Board of Direct Taxes (CBDT), after incumbent JB Mohapatra retired as the head of the direct taxes administration body on April 30.
Bhubaneswar (Odisha) [India], April 27 (ANI): Direct tax collections surged to Rs 14.09 lakh crore in 2021-22 registering a year-on-year growth of 49.02 per cent on the back of strong growth in mop-up from income and corporation tax, Central Board of Direct Taxes (CBDT) Chairman J B Mohapatr
New Delhi [India], April 8 (ANI): Tax revenue in the financial year ended March 31, 2022, rose to Rs 27.07 lakh crore, which is nearly Rs 5 lakh crore more than the budgetary estimate of Rs 22.17 lakh crore for the year, Union Finance Ministry said on Friday.
New Delhi [India], March 31 (ANI): The Central Board of Direct Taxes (CBDT) has entered into 62 Advance Pricing Agreements (APA), which seeks to provide certainty to taxpayers in the field of transfer pricing through an agreement in advance, in the financial year 2021-22, the Union Finance M
New Delhi [India], March 30 (ANI): If an individual fails to link Permanent Account Number (PAN) with Aadhaar by March 31, 2022, then he/she will have to pay a penalty of Rs 500. After three months this penalty will be increased to Rs 1000, as per a notification issued by the Central Board o
New Delhi [India], March 17 (ANI): Net direct tax collections surged by 48.4 per cent to Rs 13,63,038 crore in the current financial year till March 16 as compared with the Rs 9,18,430.5 crore over the corresponding period of last year, the government data showed on Thursday.
New Delhi [India], February 16 (ANI): The Central Board of Direct Taxes (CBDT) has issued income tax refunds of Rs 1.71 lakh crore to nearly two crore taxpayers in the current financial year till February 14, the Income Tax Department said on Wednesday.
New Delhi [India], February 3 (ANI): The imposition of 30 per cent tax on proceeds of digital assets, as announced in the Union Budget 2022-23, will lead to huge tax collections as the turnover of the top 10 crypto exchanges in the country is around Rs 1 lakh crore, said JB Mohapatra, Cha