Income Tax: Pending Tax Demand Up To Rs 1 Lakh Waived The Central Board of Direct Taxes (CBDT) has prescribed the outstanding tax… Rajiv DograPosted on February 21, 2024February 23, 2024
Income-Tax Returns Filers More Than Double To 7.78 Crore in 10 Years There has been a significant spike in the number of taxpayers filing… Rajiv DograPosted on January 30, 2024February 1, 2024
Total of 7.41 Crore Income Tax Returns Filed for AY 2023-24 The Central Board of Direct Taxes (CBDT) released data which shows that… Mayashree AcharyaPosted on October 27, 2023October 27, 2023
Net Direct Tax Collection Surges by 22% to Rs 9.57 Lakh Crore The net direct tax collections surged by 21.82% year-on-year (YoY) to more… Rajiv DograPosted on October 12, 2023October 12, 2023
CBDT notifies rules to calculate life insurance income where premium exceeds Rs.5 lakh The Central Board of Direct Taxes (CBDT) issued a circular on 16… Mayashree AcharyaPosted on August 16, 2023August 17, 2023
Stricter regulations implemented for potential tax evasion made through trust donations The Central Board of Direct Taxes has recently implemented stricter regulations concerning… Samiksha SwayambhuPosted on June 29, 2023June 30, 2023
CBDT Notifies e-Appeals Scheme 2023 The Central Board of Direct Taxes (CBDT) launched the ‘e-Appeals Scheme, 2023’… Mayashree AcharyaPosted on June 6, 2023June 6, 2023
TDS on online game winnings: Tax deduction methods as per CBDT guidelines. The CBDT has recently provided guidelines, through a circular and notification dated… Samiksha SwayambhuPosted on May 26, 2023May 29, 2023
TDS is not applicable to the Mahila Samman Savings Scheme interest amount The CBDT notified that Tax Deducted at Source (TDS) would apply to… Mayashree AcharyaPosted on May 18, 2023May 19, 2023
CBDT directs employers to ask preferred tax regime of employees for TDS deduction The Central Board of Direct Taxes (CBDT) issued a circular directing employers… Mayashree AcharyaPosted on April 11, 2023April 11, 2023
