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...

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...

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...

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.

Fall in direct tax collection on expected lines and temporary: CBDT

Jun 07, 2020

New Delhi [India], June 7 : The Central Body of Direct Taxes (CBDT) on Sunday informed that net direct tax collection for the FY...