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Finance Minister Arun Jaitley

Direct tax collections in April-July at Rs 1.90 lakh crore

This direct tax collection is 19.5 per cent of total budget estimates of direct taxes for FY18.

9 Aug 2017 6:12 PM IST

Income-tax sources said more than Rs 5.5 crore unaccounted cash was seized during the raids, besides property documents and jewellery worth over Rs 89 crore.

Demonetisation effect: ITR filings for 2016-17 grow by 25 per cent

The effect of demonetisation is also clearly visible in the growth in direct tax collections, the tax department said.

7 Aug 2017 6:48 PM IST

Income-tax sources said more than Rs 5.5 crore unaccounted cash was seized during the raids, besides property documents and jewellery worth over Rs 89 crore.

Aaykar Setu has seen 10,000 downloads: CBDT

Arun Jaitley had launched 'versatile' mobile app on July 10 for all tax-related needs.

15 July 2017 4:54 PM IST

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

I-T department activates all ITRs for e-filing

New ITRs have been made available for filing on the e-portal of the department.

4 May 2017 4:30 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.

8 reasons why I-T dept's 'Aaykar Setu' app is a taxpayer's bridge

Aaykar Setu allows you to do anything related to tax paying, including tracking TDS, paying taxes, applying for PAN,...

11 July 2017 3:00 PM IST

The e-filing facility for ITR-1, which is to be enabled from April 1, will have an online tax calculator and ITRs can be filed till the stipulated deadline of July 31.

Use CBDT's app 'Aaykar Setu' for hassle-free tax payment

This initiative is a step by I-T department to directly communicate with taxpayers on a range of tax services.

10 July 2017 6:58 PM IST

The CJI asked the counsel when income from agricultural produce is exempt from tax, why not this exemption.

IDS disclosures valid even if taxes realised by Dec 5

Govt gave option to black money holders to declare unaccounted wealth and come clean by paying 45 per cent tax and...

17 Jan 2017 2:19 PM IST

Income Tax department

CBDT asks taxman to make all out efforts to recover arrears

As per the action plan target, 20 per cent of the demand raised, which is Rs 72,141 crore.

18 March 2017 5:55 PM IST

Attorney General Mukul Rohatgi informed the apex court that Aadhaar is unique and could not be duplicated. (Photo: PTI)

Tax Department notifies form for Aadhaar-PAN linking

Taxpayers can link their Aadhaar-PAN using a mobile-based SMS service (formatted message to be sent to 567678 or 56161).

1 July 2017 3:08 PM IST

CBDT said it has already issued close to 25 crore PANs till date. (Representational Image)

Rs 2.5 lakh and above deposits require PAN: CBDT

Ruling aims to avoid ill-gotten wealth or black money being converted into white during the 50-day window.

17 Nov 2016 6:45 PM IST

Since December 2015, Mr Chandra was serving as member (investigation) in CBDT, considered to be the most significant post in the board.

Vacant slots in ministries, depts

Rumours are flying fast and furious about who'll be the next chief secretary of Telangana.

13 Nov 2016 4:36 AM IST

The scheme seeks to provide certainty to taxpayers in the domain of transfer pricing by specifying the methods of pricing and setting the prices of international transactions in advance.

CBDT panel to check absconding I-T dept officers

A three-member committee will carry out a 'one-time count' of all officers working in tax department.

24 March 2017 11:21 AM IST