Direct tax code will be released in six months for stakeholder consultations: Revenue Secretary

Jul 25, 2024

Speaking at a post-budget interaction with industry leaders, Revenue Secretary Sanjay Malhotra said on Thursday that the government is working on a revised direct...

Net direct tax collections for 2021-22 grow over 74 pc

Sep 24, 2021

New Delhi [India], September 25 : The gross direct tax collections for 2021-22 have registered a growth of 47 per cent and the net...

Taxpayers confidence on us gave surplus tax collection: CBDT chief Mody

Apr 09, 2021

New Delhi [India], Apr 9 : Faceless assessments and appeals along with online facilities provided confidence in tax payers discharging their liabilities which led...

Tax refunds worth Rs 26,242 crore to tax assesses since April 1: CBDT

May 22, 2020

New Delhi [India], May 22 : The Central Board of Direct Taxes (CBDT) has issued tax refunds worth Rs. 26,242 crore to 16,84,298 tax...

CBDT notifies rule for valuing rent-free accommodation perquisite provided by employers

Aug 19, 2023

Board of Direct Taxes, the Central Board of Direct Taxes (CBDT) on Saturday notified amendments to the Income Tax Rules for valuing perquisites of...

FY24 net direct tax collections exceed budget estimation by 7.4%

Apr 21, 2024

The gross direct tax collections for the Financial Year (FY) 2023-24 in India reached Rs. 19.58 lakh crore, compared to Rs. 16.64 lakh crore...