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Central Board Of Direct Taxes

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'Toll on Mumbai trans-harbour bridge should be Rs 500, not Rs 250'

'You need to have enough funds to maintain the primacy of public transport and it should not suffer because of lack of funds.' IMAGE: The Atal Setu. Photographs: Sahil Salvi Prime Minister......

Ground floor of Lord Ram temple ready, other floors by yearend

The construction of the three-storeyed Ram temple in Ayodhya will be completed by December this year, temple construction committee chairperson Nripendra Misra said on Thursday. The sprawling......

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......

Odisha cash haul: Role of hawala operators, shell companies under scanner

With the "highest-ever" cash seizure of Rs 351 crore by income tax sleuths during raids against a distillery company owned by a Congress MP's family, the role of hawala operators and shell......

Business group linked to DMK MP among 2 raided by taxmen

The Income Tax department has seized unaccounted cash of Rs 32 crore and gold bullion worth Rs 28 crore after its recent searches against two business groups, including one linked to Dravida......

'60% of taxpayers will shift to new tax regime'

'Personal income tax is growing by 27 per cent and most refunds have already been issued.' Illustration: Dominic Xavier/Rediff.com "Suppose you are a taxpayer and you have been filing returns and......

CBDT notifies ITR forms for Assessment Year 2024-25

The Income Tax department on Friday said it has notified I-T return forms 2, 3 and 5 for filing tax returns for assessment year 2024-25. Illustration: Dominic Xavier/Rediff.com The ITR-1, which......

How much tax did the govt mop up in the past 2 years?

The income tax department has garnered about Rs 4,600 crore in taxes from 56 lakh updated I-T returns filed by taxpayers in the past two years, Central Board of Direct Taxes (CBDT) chief Nitin......

Indian crypto firms welcome US SEC approval for bitcoin ETF

The securities regulator’s approval for the first US-listed exchange traded funds (ETF) to track bitcoin has given Indian cryptocurrency companies hope that the move would create domestic......

Net direct tax collection grows 19% so far in FY24

The net direct tax collection so far this fiscal rose 19.41 per cent to Rs 14.70 lakh crore, reaching about 81 per cent of the full-year target, the income tax department said on Thursday.......

The Ban Baaja Baraat

The Kerala Story is among a long list of films that invited bans and censorship. The Bharatiya Janata Party-led Uttar Pradesh government announced on May 9, 2023 that the film The Kerala Story......

India-Pak tensions overshadow ODI World Cup buildup

IMAGE: Moving matches out of India had not even been discussed and the fixtures would be announced in ‘due course’. Photograph: Michael Steele/Getty Images Six months out from the......

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The Bharatiya Janata Party was on Thursday poised for a landslide victory in Gujarat to retain...
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