Sebi and CBDT relaxed PAN compliance requirements for foreign portfolio investors after concerns over complex onboarding rules. The clarifi...

India's market regulator Sebi seeks clarity from the tax department on the duties of authorised representatives for foreign investors. Fund...

Two major Income Tax Department employee associations, representing nearly 97% of the workforce, have warned of a seven-stage nationwide ag...

CBDT, India's top direct taxes authority, has introduced new safe-harbour provisions, eliminating the requirement for intra-group loans to ...

The Central Board of Direct Taxes (CBDT), the apex decision-making body in matters of income and corporate tax, in a notification said sinc...

The launch of the platform will further carry forward the journey of direct tax reforms, following the several measures that have been take...

The Income Tax Department has detected TDS default of more than Rs 3,500 crore after it surveyed a major oil company and a telecom operator...

For the current financial year 2019-20, ITRs filed by charitable trusts entities will be manually selected and will be subject to complete ...

It was first set up in November, 2017 under the Central Board of Direct Taxes.

Central Board of Direct Taxes has put up a draft notification for stakeholder comments. It has already issued norms for determining POEM of...

Payments made by TV channels or newspaper companies to agencies for procuring advertisements will not attract tax deducted at source TDS.

The restructuring has brought about largescale changes in the jurisdiction of I-T officers and also changes in the assessment ranges for a ...

The CBDT said any admission of unaccounted money should be done only when there is strong and credible evidence and not under pressure.

The Income Tax Department has rationalised the norms for manual selection for scrutiny of tax returns to bring it in line with global best ...

E-filing of Income Tax returns will be further simplified by the CBDT which said it is encouraged by the increasing number of taxpayers.

CBDT tightened norms to deal with no-filers of income tax returns & asked its officers to follow uniform procedure in handling such cases.

Income Tax Department will probe certain banks and their officials suspected to be helping customers hide illicit funds through multiple ac...