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Central Board Of Direct Taxes Cbdt
Business  /  Published 09.05.20

Breather for charitable institutions

The Central Board of Direct Taxes (CBDT) has deferred the new procedure for registration of charitable trusts, funds and institutions that was announced in the Union budget.Through the Finance Act 202...
By A Staff Reporter in Calcutta

India  /  Published 27.04.20

Probe greets tax officers

A group of tax officers has suggested hiking the super-rich tax to 40 per cent, imposing a cess and other measures to increase revenue amid the pandemic, prompting the tax department to clarify that t...
By PTI in Mumbai

Business  /  Published 26.04.20

Tax officers suggest 40% tax on super-rich

A group of senior tax officers has suggested a super-rich tax and a higher levy on foreign companies to keep the cash till running as part of short term measures to help the government fight the coron...
By PTI in Mumbai

Business  /  Published 06.04.20

Tax amnesty plan rejig hint

The tax amnesty scheme may be in for an overhaul with the Covid-19 pandemic and the subsequent lockdown throwing the economy in an utter disarray.Indications of a revamp came from the CBDT (Central Bo...
By Our Special Correspondent in New Delhi

Business  /  Published 04.04.20

TDS relief till June 30

The income tax department has allowed individuals to submit Form 15G and 15H for the current fiscal after June 30 for claiming exemption from TDS on interest income. Forms 15G and 15H are filed b...
By PTI in New Delhi

Business  /  Published 31.03.20

Validity of lower withholding tax orders extended till June 30

The finance ministry on Tuesday extended the validity of all lower withholding tax orders by three months till June 30 in view of hardships caused due to the Covid-19 pandemic.The Central Board of Dir...
By PTI in New Delhi

Business  /  Published 05.02.20

Tax amnesty bill tabled in House

The Modi government on Wednesday introduced a direct tax dispute settlement bill which seeks to provide resolution of cases involving Rs 9.32 lakh crore and free up courts and tribunals crippled by pr...
By Our Special Correspondent in New Delhi

Business  /  Published 24.01.20

Bid to pass on dividend tax

The budget could see the shifting of the incidence of the dividend distribution tax from the company to the shareholders, addressing a long standing demand of the industry and which is a continuation ...
By R. Suryamurthy in New Delhi

Business  /  Published 24.01.20

Raids on Bharat Hotels

The income tax department’s searches on Bharat Hotels Group, which runs a chain of luxury units under the Lalit Hotels brand, have led to the detection of “undisclosed” foreign assets of over R...
By PTI in New Delhi

Business  /  Published 20.10.19

Slump sends tax cut signal

The Narendra Modi-government is expected to come out with another round of measures to boost demand in the economy, including increased public spending and putting more money in the hands of consumers...
By R. Suryamurthy in New Delhi


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