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J.B. MOHAPATRA
CBDT Chairman Nitin Gupta gets 9-month extensionNitin Gupta, chairman Central Board of Direct Taxes will continue in the office for nine more months as the government re-employed him on a...- IRS officer Nitin Gupta appointed new CBDT chairmanThe "Appointments Committee of the Cabinet has approved the appointment of Shri Nitin Gupta, IRS (IT:86), Member Central Board of Direct Ta...
- Net direct tax collection reaches highest-ever figure in FY 22The net direct tax collections (income tax and corporate tax) reached an all time high of Rs 14.09 lakh crore in financial year 2021-22 aga...
- IT dept prepares to tax 30 per cent profits made on crypto transactionsThe new tax regime of cryptocurrency will fall under section 285BA and sub section (k) of IT Act. Where under rule 114 E, persons are requi...
- Working to improve tax literacy in country for widening taxpayer net, says CBDT ChairmanThe CBDT chief was asked about the steps being taken by the taxman to widen and deepen the tax base in the country given that the departmen...
- Reforms in I-T dept, 'strengthening' of economy led to record tax collections: CBDT chairmanHe said apprehensions about the state of the economy, battered by the COVID-19 spread, were belied as it "did so well and the corporates ca...
- Unaccounted crypto transactions of 700 investors under I-T scannerInterestingly, apart from high net-worth individuals , non-resident Indians and startups, the list also includes students and housewives wh...
- Taxpayers can update ITRs only once in an assessment year: OfficialAn additional 25 per cent on the due tax and interest would have to be paid if the updated ITR is filed within 12 months, while the rate wi...
- Cess not an expenditure, says JB Mohapatra CBDT ChairmanThe Budget has proposed an amendment to the Income-tax Act retrospectively from assessment year 2005-06, to stop claiming of cess and surch...
- Crypto community up in arms against 30 per cent taxThe change.org petition was started by Aditya Singh, Co-founder of CryptooIndia, and then amplified by popular social media influencers lik...
- Direct tax collections expected to breach Rs 12.50 lakh cr target: CBDT chairmanDirect tax collections are expected to breach the revised target of Rs 12.50 lakh crore and set an all-time high and "historic" record by t...
- Crypto currency transactions under taxman's lensCentral Board of Direct Taxes chairman JB Mohapatra added that the department had been keeping a tab on cryptocurrency transactions since 2...
- India will investigate Pandora Papers cases: Finance Ministry"The relevant investigative agencies would undertake investigation in these cases and appropriate action would be taken in such cases as pe...
- JB Mohapatra named CBDT chairmanMohapatra will succeed Prakash Chandra Mody, a 1982-batch Indian revenue services officer, who retired in May.
- Pursuing course of cautious optimism amid COVID-19: CBDT chairman"While we have robust growth figures in tax collection at this moment, we are pursuing the course of cautious optimism. "As we celebrate th...
- India to share technical know-how, skills to strengthen Bhutan's tax administration"This programme is expected to be of about 24 months' duration through which India in collaboration with the UNDP and the TIWB Secretariat ...
- Charges allocated among new CBDT membersAccording to the order, J B Mohapatra, holding the additional charge of CBDT chairman, will have the "substantive" charge of member investi...
- Odisha House pays tribute to Kalam, J B Patnaik and othersThe Odisha Assembly today paid rich tributes to former President of India A P J Abdul Kalam and former Odisha Chief Minister J B Patnaik am...
- BJD ahead in 112 Assembly seats, BJP, Cong far behind in OdishaChief Minister Naveen Patnaik was leading in Hinjili by 15,656 votes while the state president of Congress was trailing and that of BJP was...
- Congress remains divided in Orissa over the new state chiefThe appointment of former minister Niranjan Patnaik by the AICC as the new Orissa Congress president putting a full stop on all speculation...
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