Direct Taxes Data shows improved Taxpayer compliance

Oct 26, 2023

Income Tax Department has, over the years, focused on several measures to ensure ease in compliance of taxpayers and transparent tax administration. In line...

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...

Gross direct tax collections rise 18 per cent this fiscal

Oct 10, 2023

A total of Rs 11.07 lakh crore (gross) worth of direct taxes have been collected so far in the current financial year 2023-24, representing...

IRS Officer Sangeeta Singh given additional charge of CBDT Chairman

May 01, 2022

New Delhi [India], May 1 : Sangeeta Singh, a 1986 batch Indian Revenue Service (IRS) officer has been given additional charge of Chairman, Central...

Income Tax dept operationalizes Board for Advance Rulings in Delhi, Mumbai

Aug 19, 2023

Earlier in September 2021, the Central Board of Direct Taxes (CBDT) constituted three Boards for Advance Rulings.

CBDT, CBIC sign pact to share data regularly

Jul 21, 2020

New Delhi [India], July 21 : The Central Board of Direct Taxes (CBDT) and the Central Board of Indirect Taxes and Customs (CBIC) on...