The current car perquisite policy under the Income Tax Act, 1961, offers tax benefits for combustion engine cars but lacks ...

CBDT chief Ravi Agrawal emphasizes training and readiness for the new Income Tax Act rollout scheduled for April 1, 2026.

CBDT chairman Ravi Agrawal also said that new rules, procedures and forms were under formulation for this transition ...

CBDT chief Ravi Agrawal urges officials to prepare for the new Income Tax Act 2026 implementation from April 1. Training ...

Tax refunds for FY 2025-26 have seen a significant drop compared to FY 2024-25. This comes as gross tax collections have ...

CBDT Chairman Ravi Agrawal urges Income Tax Department officials to prepare for the Income Tax Act 2025, effective April 1, ...

Calling 2026 a year of "special significance" for the department, the CBDT chief urged the officials for their "readiness, ...

There has also been some widening in the tax base. Between FY20 and FY25, the number of individual return filers has grown 36 ...

Parliamentary panel on Finance discusses situation concerning crypto cuurency, CBDT says fraudulent transactions being ...

These safeguards are outlined in CBDT Instruction No. 1916, issued on May 11, 1994. The instruction does not place a ceiling ...

Courts have ruled that references to the TPO cannot be made mechanically. The key takeaway is strict compliance with CBDT Instruction No. 3/2016 is mandatory for ...

The Central Board of Direct Taxes (CBDT) has raised fresh concerns about the risks posed by virtual digital assets (VDAs) ...