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Central Board Of Direct Taxes

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Meet the man who ensured food supply during lockdown

'If the mandis were not working in Delhi, or the onion market in Nashik got affected, or there were disruptions because of unloading or loading in any sector in south India, we intervened.' IMAGE:......

Govt says 'learn to live with virus' as COVID-19 tally nears 60K

Amid a continuing rise in the number of people testing positive for COVID-19, the Union health ministry on Friday said people should "learn to live with the virus" while the nationwide tally of......

India reports 2nd coronavirus death, several states in shutdown mode

A 68-year-old woman in Delhi became the country's second victim of coronavirus on Friday as several states went into battle mode to contain the spread of COVID-19, shutting down schools, theatres......

'Minority welfare schemes are unconstitutional'

'It is not the duty of the government to protect minority religions or promote it.' Photograph: Mukesh Gupta/Reuters   The Supreme Court has issued a notice to the Centre over a petition that......

I-T issues notice to Congress for Rs 170 crore

The Income Tax Department has issued a notice to the Congress seeking an explanation over the party allegedly receiving funds to the tune of Rs 170 crore from a Hyderabad-based firm as part of its......

Deadline for FY19 ITR filing, PAN-Aadhaar linkage extended

The due date for filing Income Tax returns for 2019-20 has already been extended till November 30, 2020. Illustration: Dominic Xavier/Rediff.com The Centre on Wednesday extended the deadline for......

India's tax-to-GDP ratio plunges to a decade low of 9.88%

While the ratio determines the extent to which the government is able to finance its expenditure, it is also an indicator of tax compliance. Developed countries have a higher contribution of tax to......

Big changes in I-T return forms. Read to find the details

Those spending over Rs 2 lakh on foreign travel, incurring more than Rs 1 lakh electricity bills, or depositing over Rs 1 crore in current account will have to mandatorily file ITR even if their......

'We will become a good welfare State if...'

'... the government provides adequate cash and kind support for the poorest of the poor for survival......conditional cash and skilling support for the economically poor to raise their incomes to......

'Google tax' may be deferred till September

E-commerce giants such as Amazon, Netflix and Flipkart, whose headquarters are not in India, potentially have to pay the additional levy of 2 per cent from April 1. Illustration: Dominic......
  Web results for Central Board Of Direct Taxes
TDS levy on cash drawals from bank a/cs if...

If an individual has not filed income tax return (ITR) for the last three financial years, then cash withdrawal from his/her savings or current... ...

https://economictimes.indiatimes.com/wealth/tax/tds-levy-on-cash-withdrawal-of-over-rs-20-lakh-from-bank-account-if-you-havent-done-this/articleshow/76873481.cms
CBDT, SEBI tie up to exchange data

The Central Board of Direct Taxes (CBDT), apex policy making body for personal income tax and corporate tax, and capital market regulator, SEBI, have ...

https://www.thehindubusinessline.com/markets/cbdt-sebi-tie-up-to-exchange-data/article32023329.ece
CBDT notifies amendment on tax exemption for Sovereign Wealth Funds for investment in infra

The Central Board of Direct Taxes notified the amendment, which was first announced in the Union Budget in February, and has widened the definition... ...

https://economictimes.indiatimes.com/news/economy/policy/cbdt-notifies-amendment-on-tax-exemption-for-sovereign-wealth-funds-for-investment-in-infra/articleshow/76833801.cms
Finance Ministry

Reacting to a media report which suggested that a merger of policy making bodies of direct and indirect taxes CBDT and CBIC is on cards, the... ...

https://economictimes.indiatimes.com/news/economy/policy/government-not-considering-merger-of-cbdt-cbic-finance-ministry/articleshow/76814925.cms
Is your balance tax due > Rs 1L? Pay by July 31

Is your balance tax due > Rs 1L? Pay by July 31According to a press release issued by the Central Board of Direct Taxes on June 24, 2020, no... ...

https://economictimes.indiatimes.com/wealth/tax/self-assessment-tax-liability-for-fy19-20-over-rs-1-lakh-pay-by-july-31-to-avoid-penal-interest/articleshow/76730357.cms

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