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Gyanesh Kumar appointed as next CEC

Election Commissioner Gyanesh Kumar was appointed as the next chief election commissioner on Monday, the law ministry said. IMAGE: Election Commissioner Gyanesh Kumar (right) and his wife show......

EC asks CBDT to verify Rajeev Chandrasekhar's poll affidavit

The Election Commission on Tuesday directed the Central Board of Direct Taxes (CBDT) to verify any mismatch in affidavit details submitted by Union minister and Bharatiya Janata Party candidate......

May have under-reported India income, BBC tells tax dept

British broadcaster BBC has communicated to the income-tax department that some of its past income, for its operations in India, could have gone unreported during the statutory filing of returns......

'Unhappy' with chair, Opposition MPs may exit Waqf panel

Opposition MPs in the parliamentary committee scrutinising the Waqf (Amendment) Bill are scheduled to meet Lok Sabha Speaker Om Birla on Tuesday to protest its chairperson Jagdambika Pal's alleged......

After Rs 351-cr Odisha cash find, IT dept ends 10-day raids

The Income-tax department raids being carried out against an Odisha-based distillery firm owned by a Congress MP's family, and some linked entities, ended early on Friday, capping ten days of......

Direct tax mop-up rises 21% to Rs 4.62 lakh cr

Net direct tax collection grew 21 per cent to over Rs 4.62 lakh crore so far this fiscal, on higher advance tax payment by corporate. Illustration: Dominic Xavier/Rediff.com The first instalment......

Direct tax mop-up rises 20% to Rs 5.74 lakh cr on higher corporate advance tax

Net direct tax collection grew 19.54 per cent to over Rs 5.74 lakh crore so far this fiscal on higher advance tax payment by corporate. Illustration: Dominic Xavier/Rediff.com The first......

Budget: 25% I-T Slab, Higher Rebate Likely

'If our Budget allows, we may implement both measures -- making income up to Rs 10 lakh tax-free and introducing a 25 per cent slab for income between Rs 15 lakh and Rs 20 lakh.' Illustration:......

'No Plan To Phase Out Old I-T Regime'

'Going forward, the encouragement would be to move to the new tax regime.' IMAGE: Finance Minister Nirmala Sitharaman addresses a post Budget media conference, February 1, 2024. Photograph: Rahul......

Net direct tax collection surpasses RE in FY24; corp tax receipts a miss

Direct tax collection, net of refunds, moderately exceeded the revised estimates (RE) for the financial year 2023-24 (FY24) on the back of personal income tax revenues, but corporation tax receipts......

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Central Board For Direct Taxes

News for Central Board For Direct Taxes

Gyanesh Kumar appointed as next CEC

EC asks CBDT to verify Rajeev Chandrasekhar's poll affidavit

May have under-reported India income, BBC tells tax dept

'Unhappy' with chair, Opposition MPs may exit Waqf panel

After Rs 351-cr Odisha cash find, IT dept ends 10-day raids

Direct tax mop-up rises 21% to Rs 4.62 lakh cr

Direct tax mop-up rises 20% to Rs 5.74 lakh cr on higher corporate advance tax

Budget: 25% I-T Slab, Higher Rebate Likely

'No Plan To Phase Out Old I-T Regime'

Net direct tax collection surpasses RE in FY24; corp tax receipts a miss

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