CBDT extends due date for filing TDS statement in Form 26Q \
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CBDT extends due date for filing TDS statement in Form 26Q

27-Oct-2022
The due date for filing Form 26Q for the second quarter of the financial year 2022-23 has been extended from October 31, 2022 to November 30, 2022
27-Oct-2022 Business
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CBDT extends due date to file IT return for AY 2022-23 to Nov 7 \
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CBDT extends due date to file IT return for AY 2022-23 to Nov 7

26-Oct-2022
Under sub-Section (1) of Section 139 of the Income-Tax Act, 1961 (the Act) for the Assessment Year 2022-23, the CBDT had extended the due date to November 7, 2022, for the category of assessees for whom the due date falls on October 31, 2022.
26-Oct-2022 Business
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CBDT issues norms for compounding of offences under I-T Act \
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CBDT issues norms for compounding of offences under I-T Act

17-Sep-2022
New Delhi [India], September 17 (ANI): The Central Board of Direct Taxes (CBDT) has issued revised guidelines with regards to the compounding of offences under the Income Tax Act, 1961, in conformity with the government's policy of facilitating Ease of Doing Business and decriminalisation of offences.
17-Sep-2022 Business
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Income Tax Dept raids healthcare firms in Haryana and Delhi NCR \
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Income Tax Dept raids healthcare firms in Haryana and Delhi NCR

03-Aug-2022
New Delhi [India], August 3 (ANI): The Income Tax Department has raided 44 premises spread across Delhi NCR and Haryana belonging to several companies engaged in healthcare services by running hospitals, the Central Board of Direct Taxes (CBDT) said on Wednesday.
03-Aug-2022 Business
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CBDT signs 62 Advance Pricing Agreements in FY 2021-22 \
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CBDT signs 62 Advance Pricing Agreements in FY 2021-22

31-Mar-2022
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 Ministry said on Thursday.
31-Mar-2022 Business
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RBI’s Digital Rupee will help curb black money menace \
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RBI’s Digital Rupee will help curb black money menace

04-Feb-2022
New Delhi [India], February 4 (ANI): The proposed digital rupee to be issued by the Reserve Bank of India (RBI) starting from the next financial year will not only give a boost to the digital economy but also help curb the menace of black money, a senior finance ministry official said.
04-Feb-2022 Business
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Top 10 Crypto exchanges turnover over Rs 1 lakh cr, expect huge collections from ‘crypto tax’: CBDT Chairman \
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Top 10 Crypto exchanges turnover over Rs 1 lakh cr, expect huge collections from ‘crypto tax’: CBDT Chairman

03-Feb-2022
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, Chairman, Central Board of Direct Taxes (CBDT).
03-Feb-2022 Business
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Thrust of tax proposals in Budget is to simplify processes, reduce litigation, says CBDT chief \
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Thrust of tax proposals in Budget is to simplify processes, reduce litigation, says CBDT chief

02-Feb-2022
New Delhi [India], February 2 (ANI): The thrust of tax proposals announced in the Union Budget 2022-23 is to simplify processes, reduce litigation and provide a stable tax regime, JB Mohapatra, Chairman, Central Board of Direct Taxes (CBDT) said on Wednesday.
02-Feb-2022 Business
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Budget 2022: Direct and Indirect Taxes Explained; Here’s All You Need To Know \
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Budget 2022: Direct and Indirect Taxes Explained; Here’s All You Need To Know

28-Jan-2022
The Union Budget is the most important executive document published by the Government of India every year. In its annual Union Budget, the central government provides details of how much money it expects to receive from various sources and how it intends to spend the money. Union Budget 2022-23: Direct and Indirect Taxes Explained; Here’s […]
28-Jan-2022 India
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Income Tax refunds of Rs 1.62 lakh crore issued so far this fiscal \
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Income Tax refunds of Rs 1.62 lakh crore issued so far this fiscal

27-Jan-2022
New Delhi [India], January 27 (ANI): The Central Board of Direct Taxes (CBDT) has issued Rs 1.62 lakh crore income tax refunds to over 1.79 crore taxpayers till January 24, 2022 of the current financial year, official data showed on Thursday.
27-Jan-2022 Business
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