No need for tax clearance certificate for most travelling abroad: CBDT
The recent amendment to Section 230(1A) of the Income-tax Act, 1961, does not require all Indian citizens to obtain an …
CBDT
Changes in capital gains tax will benefit most people: CBDT chief
The changes in the capital gains tax announced in the Union budget for FY25 are rational decisions that will benefit …
CBDT extends tax relief for SWFs, pension funds to March 31, 2025
The Central Board of Direct Taxes (CBDT) has extended the tax relief for sovereign wealth funds (SWFs) and pension funds …
I-T dept set to complete 170,000 reassessments by March next year
The income tax (I-T) department could complete by March 2025 reassessments of 170 thousand notices issued between March 2021 and …
Your AIS is changed – CBDT Press Release on AIS New Changes 2024
CBDT releases new functionality in AIS to increase transparency and issued Press Release Dated 13 May 2024 Highlights Taxpayers can …
Tax dept extends deadline for charitable trusts’ registration till June 30
2 min read Last Updated : Apr 25 2024 | 6:32 PM IST The income tax department on Thursday extended …
Amul Research and Development Association Designated as Research Association by CBDT for Tax Incentives
The Central Board of Direct Taxes (CBDT), through Notification No. 38/2024 dated April 09, 2024, has officially recognized the ‘Amul …
Mismatch in HRA claims: No drive launched to reopen cases, clarifies CBDT
The objective of the e-verification was to alert cases of mismatches of information for FY21 only without affecting others, it …
Explained: Rs 1 lakh limit per individual for withdrawal of old tax demands
Illustration: Binay Sinha The government has begun getting rid of old outstanding small income tax demands after setting a ceiling …
New angel tax regime: No scrutiny of recognised startups, says CBDT
The Central Board of Direct Taxes (CBDT) has issued directives to tax officials that may prevent them from scrutinising funds …
