Good news for taxpayers! Faster tax refunds, quicker dispute resolution, TDS framework improvements and more planned by CBDT for 2026-27Taxpayers can anticipate significant improvements in the TDS system and faster resolution of tax disputes. The Central Board of Direct Taxe...
14 May, 2026, 05.05 PM IST
ED case files in poll-bound West BengalThe Enforcement Directorate is actively investigating several money laundering cases across West Bengal. These probes target alleged corrup...
23 Apr, 2026, 12.59 AM IST
2.22 lakh appeals disposed of during last fiscal: CBDT chairmanLast fiscal year, the Income Tax Department successfully resolved an impressive 222,000 appeals, showcasing a remarkable 29% growth in effi...
10 Apr, 2026, 05.10 PM IST
CBDT recovers Rs 92,400 crore in outstanding taxThe Central Board of Direct Taxes (CBDT) recovered ₹92,400 crore in outstanding tax for the financial year 2024-25 until March 15. This inc...
31 Mar, 2025, 11.56 PM IST
Tough to mop up taxman's outstanding demandIndia's outstanding tax demand has surged to ₹42 lakh crore, with ₹27 lakh crore deemed difficult to recover. Untraceable assessees, insuff...
07 Dec, 2024, 11.11 PM IST
I-T recovers ₹73,500 cr in pending billsThe income tax department has recovered ₹73,500 crore of pending dues in the current financial year up to March 15, with corporate tax dues...
19 Mar, 2024, 12.52 AM IST
Tech helps I-T department recover Rs 36,000 croreIndia's income tax department has recovered ₹36,000 crore from outstanding tax demand in the current fiscal, including ₹27,000 crore from c...
27 Dec, 2023, 11.51 PM IST
Just 17 individuals owe a whopping Rs 2.14 lakh crore tax arrearsJust 17 individuals have a whopping Rs 2.14 lakh crore as outstanding tax arrears, with each of them owing more than Rs 1,000 crore.
30 Jul, 2015, 08.04 PM IST
Tax dues from companies at Rs 4.85 lakh crore: Finance MinistryThe statute also provides for attachment of movable or attachment and sale of immovable properties for recovery of tax dues.
28 Apr, 2015, 04.06 PM IST
Over 94% of outstanding tax hard to recover: CAG ReportThe audit report said the uncollected tax demand had risen 18 per cent to Rs 5.75 lakh crore in 2013-14 from Rs 4.86 lakh crore in the prev...
21 Mar, 2015, 05.02 AM IST
Outstanding tax demand up at Rs 5.75 lakh crore in FY'14The minister said that as far as direct taxes are concerned, raising of demand and collection/recovery of outstanding dues is a continuous ...
25 Nov, 2014, 10.03 PM IST
Difficult to recover 97 per cent of Rs 4.82 lakh crore tax arrears: CBDTCBDT has reported that 97 per cent of Income Tax demand arrears, quantified over Rs 4.66 lakh crore, is "difficult" to be recovered.
23 Jun, 2013, 11.31 AM IST
Over Rs 4.18 lakh crore outstanding in I-T arrears till December: Finance MinisterThis includes tax arrears of Rs 1,16,773.77 crore by major defaulter Hassan Ali Khan, Chandrika Tapuriah and (Late) Harshad S Mehta, FM sai...
12 Mar, 2013, 04.50 PM IST
- Rs 2.73 lakh crore of I-T dues locked up in disputes: Govt
As much as Rs 2.73 lakh crore of outstanding income tax dues are locked up in tax disputes at various levels, Parliament was informed today.
27 Mar, 2012, 03.57 PM IST
- Tabs on corporate advance tax kitty
Taxmen will keep a close watch on corporate advance tax payments as the income-tax department turns the heat on them to shore up direct tax...
08 Dec, 2009, 01.54 AM IST
- Rs 130,733 cr tax arrears mop-up doubtful
Over 80% of India’s cumulative tax arrears may never be recovered. With the global meltdown beginning to hurt India Inc and its profitabili...
09 Nov, 2008, 03.51 AM IST
- Eunuchs to assist in tax collection
The PMC will pay the eunuchs a four percent commission for their services.
09 Nov, 2006, 01.30 PM IST