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CBDT RECOMMENDATIONS
8th Pay Commission salary calculator: Can top central government employees get up to Rs 93 lakh in arrears?8th Pay Commission news: Central government employees await the 8th Pay Commission's recommendations, with meetings underway. Arrears for t...- What crypto investors need to know for tax season 2026India's tax season now demands greater scrutiny for crypto investors as enforcement intensifies. New reporting requirements, including tran...
- New tariff: Think tank GTRI makes a case against US' additional 12.5% duty on IndiaAs India faces a proposed 12.5% US tariff on its imports, trade think tank GTRI has advised the govt to challenge the levy on legal grounds...
- How can I transfer or gift 800 grams of gold to my daughters?ET Wealth Reader's Query: I am a 50-year-old widower. My wife passed away a few years ago. I currently have around 800 grams of gold that b...
- Government not considering merger of CBDT, CBIC: Finance MinistryReacting to a media report which suggested that a merger of policy making bodies of direct and indirect taxes CBDT and CBIC is on cards, th...
- Govt to set up panel to look into tax issues faced by startupsIncome Tax dept will not take any "coercive" action to recover tax from startups, the CBDT said.
- Full I-T e-assessment from next year; CBDT forms committeeThe new regime will, however, be voluntary. Taxpayers can take a call on whether to conduct their dealing over the e-system or through exis...
- CBDT forms task force for jurisdiction-free income tax assessment systemThe 13-member task force has been asked to submit its report on the new tax assessment process, which is aimed at reducing harassment of ta...
- CBDT committee to review 'naming, shaming' of tax defaultersThe Board, which decides policy matters for the Income Tax Department, has ordered creation of a special committee to analyse the subject a...
- I-T Department constitutes 7-member panel to devise e-scrutiny proceduresThe Central Board of Direct Taxes has already started phased pilot projects for email-based assessments in 7 cities for individual assessee...
- India expresses reservations on World Bank's 'Doing Business' reportThe Minister said the Tax Administration Reform Commission (TARC) in its four reports had made useful recommendations on issues like custom...
- Panel to examine offshore funds' request for setting up officeRevenue Department today set up a three-member committee for recommending advance approval to offshore funds for setting up management offi...
- CBDT forms directorates to monitor taxpayer serviceCBDT Member (Revenue and Tax Payer Services) will oversee the related services in Central Board of Direct Taxes, the CBDT said in a stateme...
- CBDT forms panel to examine industry-based tax assessment systemThe committee has been given a month's time to do its job and submit its report to the apex-policy making body of the tax department by Oct...
- CBDT panel for tax accounting norms for computing income of realty developersA high-level CBDT panel has suggested framing of tax accounting standards (TAS) for computing precise income of real estate developers.
- No amnesty scheme to check black money: GovernmentThe Income Tax Department has not recommended 'amnesty scheme' to deal with the issue of black money, the government said today.
- CBDT to continue to enjoy phone tapping powerIt is not immediately clear the conditions the CBDT will have to fulfil before tapping telephones of any individual.
- Income Tax officials approach PM against pay anomaliesTaxmen have pointed out discrepancies in the revised pay scale and have sought PM Manmohan Singh's intervention in the matter.
- TP rules likely to be finetunedThe government is likely to bring in major changes in transfer pricing (TP) rules to align with more mature jurisdictions such as US, UK an...
- Panel set up to upgrade India's tax regimeThe government has taken the first step to respond to the challenges of taxing transnational transactions by setting up an eight-member com...
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