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Central Board Of Director Taxes

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EC directs crackdown on illicit cash, liquor, drugs in Bihar polls

The Election Commission on Friday asked enforcement agencies and security forces to take proactive and preventive action during the Bihar elections to ensure drugs, liquor and cash are not used to......

CBI books ED officer for extorting Shimla institutes; recovers Rs 1 cr

The Central Bureau of Investigation has registered one more FIR in connection with an alleged bribery scandal involving the Enforcement Directorate's assistant director posted in Shimla, who had......

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......

Indian-origin MP Chandra Arya enters Canada PM race

Canada's Indian-origin MP Chandra Arya has announced that he is running to be the next prime minister, hours before his Liberal Party announced that their next leader will be chosen on March 9.......

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......

Pre-Budget meeting: Ficci seeks faster resolution of tax disputes

The Federation of Indian Chambers of Commerce and Industry (Ficci) has sought urgent steps to clear the huge backlog of income-tax appeals, simplify tax deducted at source (TDS) compliance, and......

India rejects IMF view that US tariffs will stay indefinitely, hit growth

IMF’s Article 4 consultation report on India The Indian government has expressed its disagreement with the IMF staff’s ‘baseline’ assumption that the 50 per cent US tariffs on its goods......

New I-T rules to be notified by Dec-end

The Income Tax department is working on simplified I-T forms and aims to notify new rules by December-end to give effect to the new I-T Act, which will come into force from April 1 next year, a......

Are The Rich Paying Less Tax?

They are not just underreporting income; they are reshaping what the income tax system perceives. Illustration: Uttam Ghosh/Rediff.com   There have long been heated debates about the......

Can UPI Stay Free Forever?

Several executives argue that UPI has the potential to grow tenfold, but warn that the absence of a monetisation model risks stagnating the real-time payments system, which has been recording......

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