Nearly 40,000 taxpayers are being investigated by the Central Board of Direct Taxes (CBDT) in relation to tax deductions they ...

The Central Board of Direct Taxes (CBDT) has developed a 16-point plan to identify and monitor cases of TDS non-compliance.

Recently, the Delhi High Court held that Central Board of Direct Taxes (CBDT) cannot impose limitations to extinguish rights ...

The new bill has preserved the tax policies and key provisions of the Income-Tax Act, 1961. Redundant rules have been removed, and the remaining text of the tax law has been simplified for easier ...

The income tax department is set to crack down on individuals and businesses that have failed to deduct and deposit TDS/TCS.

The new Income Tax Bill 2025 also proposes to replace the term 'previous year' with 'tax year,' and do away with the concept of 'assessment year.' This is aimed at simplifying the process of taxation ...

Bengaluru: Coming to the rescue of a 73-year-old retired central excise officer acquitted of corruption charges, the high ...

The government has launched the PAN 2.0 project to improve and consolidate all PAN (Permanent Account Number) related ...

Taxpayers who have already selected the new tax regime in the Income-Tax Act 1961 will not need to choose it again in the ...

The bill makes significant changes in the way the direct tax statute is written and presented, giving priority to simplicity, ...

Union Finance Minister Nirmala Sitharaman on Thursday introduced the Income Tax Bill, 2025, in the Lok Sabha and urged ...