You Searched For "cbdt rules" and got 20 results
Sort By:
2 mins read
CBDT forms committee for IT Act review; 'sunset' clauses to be eliminated
Central Board of Direct Taxes (CBDT) chairman Agrawal said the committee is looking at the best glo…
PTI
2 mins read
CBDT exempts startup investments from 21 nations including US, UK from angel tax
India’s finance ministry has announced that non-resident investors in unlisted Indian start-ups fro…
PTI
2 mins read
India issues clarifications on additional tax on cryptocurrencies
India is set to levy a 1% TDS on crypto transactions, over and above the 30% tax it already levies.…
2 mins read
Non-residents will have to pay tax in India if transactions exceed ₹2 crore
Non-residents undertaking transactions with Indian parties will trigger taxability under the domest…
2 mins read
2 mins read
CBDT initiates inquiry on IRS officers for unsolicited report on funding COVID relief work
"It was not even part of their duty to prepare such a report. Therefore, it is prima-facie an act o…
PTI
2 mins read
CBDT allows employees to claim exemption on tour conveyance allowance under new tax regime
These include any allowance granted to meet the cost of travel on tour or on transfer, any allow…
PTI
1 min read
Retrospective tax continues to give government sleepless nights as major investors might feel threatened by ongoing Vodafone tax dispute
The controversial retrospective tax provision has come back to worry the Indian government. After a…
1 min read
CBDT eases TDS claims rules for non-resident investors
Earlier, non-residents who didn’t provide PAN details were subject to higher rate of withholding ta…
1 min read
Want to know whether you are exempt from linking your Aadhaar and PAN? Read on
(i) Those categorised as Non-resident Indians as per the Income Tax Laws (ii) Not a citizen…
1 min read
Now register your company in a day in India
In February, it took two days to incorporate a company while the time was reduced to one day in…
1 min read
Daily cash transactions limit not for withdrawals from banks and post offices
Limit on daily cash transactions not applicable on withdrawals from banks and post offices, says CB…
1 min read
Submit PAN for all your bank accounts from February
To ensure less tax evasion, the government has asked banks to obtain permanent account number (PAN)…
1 min read
Now, PAN required if combined cash deposits exceed INR 2.5 lakh till December 30
A circular issued yesterday says deposits made between 9 Nov and 30 Dec 2016 will require a PAN if …
1 min read
Modi softens tax blow on black money scheme by 14%
With this move, the government also clarified that it will not question the source of income from w…
3 mins read
Direct taxes: That’s a long wishlist for the Modi Govt to fulfill in Budget 2016
Amidst the lingering uncertainty in the world involving the slowdown of China’s massive economy, de…
2 mins read
Black money on Govt. radar! CBDT to clarify on bank a/c disclosures
The compliance window might clarify on the period for which foreign bank account details have to be…
1 min read
E-filing date of income returns and audit reports of some taxpayers extended to 31st October
"While some High Courts have ruled in favour of the extension of due date, some others have ruled o…
2 mins read
Govt amends I-T rules for faster resolution of multinational corporations' tax disputes under MAP
It also states that if a resolution is arrived, the same shall be communicated to the assessee, wh…
PTI
3 mins read
Tax man introduces ITR 1 and ITR 4 forms – Here’s what it means
The Central Board of Direct Taxes (CBDT) has revealed the Income Tax Return (ITR) Forms 1 and 4 for…