CBDT

GIC Re approach CBDT seeking tax relief

The General Insurance Corporation of India (GIC Re) along with other general…

Working and earning abroad? Know the income tax rules

An Indian, who is on deputation overseas or has settled abroad, needs…

Quality Assessment Training to identify tax evasions

The income tax (IT) department is on a quest to enhance the…

IT department suspects Misuse of Tax Exemption on Agriculture Income

The primary occupation in India is agriculture. The government comes up with…

Government to grant Rs 2.4 lakh tax benefit to first-time homebuyers

The Indian government will allow first-time homebuyers to enjoy a tax benefit…

Is income tax applicable on Bonus Income?

Did you know that tax deductions don’t apply for the incentives and…

Things you should know about filing tax returns this season

The tax filing season has begun. Taxpayers are required to file their…

Form 15H can be furnished by senior citizens

A senior citizen over 60 years of age can now furnish Form…

Senior citizens with Rs 5 lakh income qualify for TDS exemption

As per the Central Board of Direct Taxes (CBDT) notification, senior citizens…

Changes to Direct Tax Code under Modi Government

You can expect the direct tax code to change as the task…