Encashment of leave: Tax exemption limit notified
In line with the Budget announcement, the finance ministry hiked the tax exemption limit for leave encashment upon retirement for
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Central Board of Direct Taxes (CBDT)
Immovable properties worth Rs. 10,683 crore attached so far in FY23 by tax authorities
A total of 204 immovable properties worth Rs 10,683 crore have been attached in the current financial year 2022-23 (till
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Deadline set for assessment of 87000 non-filers under demonitisation
Central Board of Direct Taxes has set a deadline of March 31 or latest by June 30 for completing assessment
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CBDT directs taxmen to maximize collection efforts as growth slumps
With growth in direct tax collections sluggish, the central board of direct taxes (CBDT) has directed income tax (I-T) department
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Pre-filled ITR forms in the offing:CBDT chief
Income tax payers will soon get pre-filled ITR forms that will make the process of filing returns easier, Central Board
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Three new members appointed in CBDT
Three IRS officers have been appointed as new members in the CBDT, the policy-making body for the I-T Department. The
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Online application for exemption under Section 80G – CBDT
The income tax laws exempt from income tax, any income received by any person, on behalf of any fund or
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Incentive programmes for honest tax payers
Government is planning to give rewards to honest tax payers and put in place an incentive programme to reward and
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