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RAVI AGARWAL CBDT
Budget 2026: Tax reforms mark shift to trust-based regime, says CBDT chiefExplaining the hike in securities transaction tax (STT) on derivatives, CBDT chairman Ravi Agrawal said that the reforms regarding the mini...
Tax audit deadline not extended for these taxpayers; Karnataka CA body highlights anomalies in CBDT's due date extension circularThe CBDT extended tax audit and ITR filing deadlines to November 10 and December 10, 2025, respectively. However, taxpayers with internatio...
Demand for extension of due date of tax audit report and ITR filing is getting wider with many tax bodies writing to finance minister and PMOThe Karnataka State Chartered Accountants Association (KSCAA) has appealed to the PMO, highlighting critical issues with the Income Tax e-f...
Unfair to charge Rs 29 lakh penalty for advance tax filing delay due to system glitches, CA writes to Finance MinisterA Delhi-based chartered accountant tweeted that his client incurred a loss of Rs 29.10 lakh due to glitches on the Income Tax Department po...
I-T dept working to give shape to rules, procedures under new Income Tax Bill: CBDT chiefThe Income Tax Department is developing rules for the upcoming Income Tax Bill, 2025. CBDT Chief Ravi Agarwal announced this at the 166th I...
Ravi Agarwal gets one year extension as CBDT chairmanRavi Agarwal, a 1988 batch IRS officer, has been granted a one-year extension as chairman of the Central Board of Direct Taxes (CBDT), effe...
Ravi Agarwal reappointed as CBDT Chairman for one yearRavi Agrawal's tenure as Chairman of the Central Board of Direct Taxes (CBDT) has been extended for one year, effective July 1, 2025, to Ju...
Changes in taxation in budget to boost local manufacturing, trade, & ease of doing business: CBIC chairmanTax changes in the new budget aim to boost local manufacturing, enhance trade, and ease business operations while providing tax relief to t...
Union Budget 2025: Nothing could be better than this, says Finance Secretary; praises 'non-inflationary Budget'Budget 2025: Finance Secretary Tuhin Kanta Pandey hails the Union Budget 2025-26 as non-inflationary, prioritising growth and fiscal pruden...
90% or more taxpayers may shift to new regime with new slabs announced in Budget: CBDT ChairmanCBDT Chairman Ravi Agrawal expects over 90 percent of individual taxpayers to opt for the new tax regime following the Budget announcement ...
Govt to exceed FY25 direct tax collection target: CBDT chiefIndia's Central Board of Direct Taxes (CBDT) chairman announced expectations of exceeding the current fiscal year's direct tax collection t...
Revenue dept forms 22 sub-committees to review I-T actThe Indian government has formed 22 sub-committees to reassess the Income Tax Act, aiming to simplify it and make it more user-friendly. Fi...
I-T dept receives 6,500 suggestions on income tax act reviewThe income tax department received suggestions for the Income Tax Act review. Finance Minister Nirmala Sitharaman chaired a meeting on the ...
Income-tax enforcement must be used as last step: FM Nirmala Sitharaman"The (tax) department must exercise its powers judiciously ensuring that taxpayers and businesses are not subjected to unnecessary harassme...
ET Interview: New capital gains regime to aid future home buyers, says CBDT chairman Ravi AgarwalCBDT Chairman Ravi Agarwal stated that recent tax changes will significantly benefit home buyers and investors. The new provisions, effecti...
Airtel bags multi-year contract from CBDTBharti Airtel and the CBDT have finalized a multi-year agreement where Airtel will serve as the network and connectivity partner for the in...
Bharti Airtel bags multi-year contract from CBDT for providing network solutionsThe Central Board of Direct Taxes (CBDT) has signed a multi-year contract with telecom giant Bharti Airtel to provide network and connectiv...
Ravi Agarwal appointed CBDT chairman effective July 1Ravi Agarwal has been serving as a member, CBDT (Administration) since, July 2023. According to the order issued by the Appointments Commit...
- Tax officials on month-long strike on outsourcing contract to Infosys
An outsourcing contract to Infosys, has resulted in an unexpected reprieve for those with income to hide.Irked by the contract, officials o...