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Income Tax officials conducted a raid at Tamil Nadu Chief Secretary Rammohan Raos residence in Chennais Anna Nagar on Wednesday. (Photo: PTI)

TDS default: I-T dept issues over 850 prosecution notices

The I-T department has netted Rs 2.85 lakh crore revenue till January 31, 2017 under the TDS category.

22 Feb 2017 3:31 PM IST

PAN card is impotant document issued by I-T department.

CBDT issues PAN within a day to new cos, introduces e-PAN

CBDT has introduced the Electronic PAN (e-PAN) card, which is sent by email to all applicants, including individuals.

11 April 2017 2:36 PM IST

Income Tax officials conducted a raid at Tamil Nadu Chief Secretary Rammohan Raos residence in Chennais Anna Nagar on Wednesday. (Photo: PTI)

Will block bank account if not self-certified: CBDT to FIs

Decision wants financial institutions to comply with FATCA provision and avoid blocking of accounts.

11 April 2017 2:15 PM IST

The government has proposed to halve the income tax to 5 per cent for those earning between Rs 2,50,000 and Rs 5,00,000 per annum, in a relief to the middle class.

Taxmen can use bank info to trace defaulters

The tweaking in the rules has been carried out by the CBDT, the policy-making body for the Income-tax department.

25 Dec 2017 2:40 AM IST

According a study by Local Circles, citizens believe demonetisation led to an audit trail which can be effectively used in the future to investigate accounts being used for black money transactions. (Photo: AFP/Representational)

Black money: India inks deal with Switzerland for tax data sharing...

The agreement was signed by CBDT chairman Sushil Chandra and Swiss Ambassador to India Andreas Baum at the North Block...

22 Dec 2017 9:53 AM IST

Securities and Exchange Board of India (SEBI)

Sebi to accept e-PAN card for KYC purpose

CBDT in April, introduced a facility of providing electronic PAN, which is sent by email to all applicants.

30 Jun 2017 8:00 PM IST

The government has proposed to halve the income tax to 5 per cent for those earning between Rs 2,50,000 and Rs 5,00,000 per annum, in a relief to the middle class.

CBDT alleys taxpayers' fears on asset freez rule

CBDT chairman Sushil Chandra says new measures were brought in only to prevent evaders from selling property.

4 Feb 2017 5:55 PM IST

Lakhs of suspicious cash deposited post note ban

Lakhs of suspicious cash deposited post note ban

Around Rs 4.17 lakh crore of suspicious cash was deposited by about 18 lakh people.

2 Feb 2017 6:41 PM IST

Finance Minister Arun Jaitley

High net worth NBFCs can access capital markets via IPOs: Arun Jaitley

Sebi and RBI along with the CBDT will jointly put in place the necessary mechanisms and procedures.

1 Feb 2017 4:11 PM IST

Finance minister ArunJaitley

No room to delay GST beyond Sept 15: Jaitley

Finance Minister say govt intends to table GST law in second half of ongoing Budget session of Parliament.

10 Feb 2017 2:46 PM IST

Income Tax officials conducted a raid at Tamil Nadu Chief Secretary Rammohan Raos residence in Chennais Anna Nagar on Wednesday. (Photo: PTI)

Tax dept signs 4 advance pricing pacts with taxpayers

CBDT expects more APAs to be concluded and signed before the end of the current fiscal.

7 Feb 2017 1:08 PM IST

CBDT relaxes norms for refunds for scrutiny cases

CBDT relaxes norms for refunds for scrutiny cases

The tax department will withhold refund in scrutiny cases only "in exceptional circumstances".

6 Feb 2017 3:55 PM IST