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Central Board Of Direct Taxation

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I-T Goes After Rs 7.7 Trillion Tax Arrears

Senior tax officials were told to focus on cash collection from the arrears so that the target for FY23 was achieved and the overall revenue position improved. Illustration: Uttam Ghosh/Rediff.com......

Why China Is Worried About Hong Kong

'Although Hong Kong weathered many a storm and displayed a remarkable resilience to bounce back, the developments in the territory have raised question marks with regard to its future stability and......

India continues to score self-goals

The pandemic has brutally highlighted the inadequacy of India's administrative systems.And the government has demonstrated its culpable inability to speed up vaccination in a timely manner, argues......

Sushil Chandra appointed new Chief Election Commissioner

Election Commissioner Sushil Chandra was on Monday appointed as the next Chief Election Commissioner, the law ministry said. According to a notification issued by the Legislative Department of......

Cheers to jugaad!

Following the Supreme Court ruling against liquor being sold within 500 metres of state and national highways, the infamous Indian jugaad is in play once again. Veenu Sandhu, Nikita Puri, Ranjita......

Income Tax dept begins scrutiny in reassssment cases for AY-2018-19

The income-tax (I-T) department has started scrutinising cases for the assessment year (AY) 2018-19 to determine which of them need to be reopened, a process that might result in a raft of tax......

'Jobs Have To Be Created Everywhere'

'I found it unbelievable that L&T said 45,000 jobs were waiting to be filled because of unavailability of suitable skillsets.' 'So, when the Opposition sweepingly says there are no jobs, I'm......

Foreign cos get GST relief on loans to Indian arms

In a relief for foreign firms giving loans to Indian subsidiaries, tax authorities have said goods and services tax (GST) will not be imposed on them, subject to some caveats. Illustration: Uttam......

'We are not going back to licence raj'

'I'm pitching India for the strengths we offer, including the English language, engineers, doctors, nurses, professionals, innovative talent of startups.' IMAGE: Finance Minister Nirmala......

New tax regime will leave more money in the hands of the middle-class: FM

Finance Minister Nirmala Sitharaman on Saturday said the new tax regime will benefit the middle class as it will leave more money in their hands. Photograph: ANI Photo Talking to reporters after......

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