CBDT amends norms, mandates detailed income disclosures for business trusts
The government has amended income-tax norms to enhance transparency in reporting income distributed by trusts such as Alternative Investment Funds […]
CBDT News
40,000 taxpayers under lens for deductions, CBDT targets TDS defaulters
Nearly 40,000 taxpayers are being examined based on tax deductions claimed during the financial years 2022-23 and 2023-24, according to
CBDT introduces self-help tool to provide instant answers to Income Tax bill 2025
The Income Tax Department has introduced an online self-help tool to assist taxpayers in understanding the changes proposed in the
Days of intrusive tax scrutiny are over, taxpayer facilitation is the new mantra: CBDT chairperson Ravi Agarwal
The days of intrusive tax scrutiny and compliance enforcement are over and tax administration will be based purely on trust
Size of Income Tax-Act to reduce by half in new Bill: CBDT chief
The government has tried to remove redundancies in the Income Tax Act-1961, under the Bill to be tabled next week.
Most suggestions on IT Act were about simplifying language, widening presumptive taxation: CBDT Chairman
An Income-Tax Department internal committee reviewing the old direct tax law to pave the way for a new one has
Budget 2025: Reduce Tax On FD Gains, Adjust Income Tax Exemption Limit With Inflation, Says CBDT Ex-Chair
Ahead of Budget 2025, the government should focus on reduction in tax on gains on bank deposits, adjusting income tax
