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Central Board Of Indirect Taxes

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'BJP Has 6,000 Crores To Spend On Elections'

'Not even a single rupee from the electoral bonds should be allowed to be used in the election.' 'If it is used in the election, it will taint India's electoral process itself.' IMAGE: Bharatiya......

Youth Congress leader files 4th PIL in SC for multi-agency probe into Adanis

A fresh PIL was filed on Thursday in the Supreme Court seeking a probe by multiple central government agencies under the supervision of a panel or a former apex court judge against the Adani Group......

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......

What Puja Is Nirmalaji Performing?

Finance Minister Nirmala Sitharaman chaired the 48th meeting of the Goods and Services Tax Council in New Delhi on Saturday. The FM then flew to Chennai on Sunday to inaugurate Nandavanam, the......

Pranab, Modi, Demonetisation

'Modi had not discussed demonetisation with me prior to his announcement on 8 November 2016.'I learnt of it along with the rest of the country.'I was not surprised when he did not discuss the issue......

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......

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......

CBIC steps up vigil over imports of unbranded gold jewellery

The Central Board of Indirect Taxes and Customs (CBIC) has stepped up its watch on the import of unbranded gold jewellery amid a spurt in seizures on international borders and from importers.......

CBIC Goes Soft On GST Investigations

The principal commissioner has been made responsible for developing and approving any intelligence, conducting search, and completing investigations and relevant subsequent actions, including at......

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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