Press Release


FAQs issued by CBDT on the new capital gains tax regime proposed in the Union Budget 2024-25

CBDT issued Frequently Asked Questions (FAQs) on capital gain tax regime …

Celebrating Income Tax Day 2024: A Journey of Transformation

As India observes Income Tax Day 2024, it is evident that the nation’s tax administration has come a long way since its inception in 1860. The journey from a …

Press Release – Highlights of the Union Budget 2024-25

Press Release – Highlights of the Union Budget 2024-25 – 23.07.24 …

CBIC releases National Time Release Study (NTRS) 2024

CBIC, along with other Members of the Board, released the National Time Release Study (NTRS) 2024 report …

CBDT awards Taxnet 2.0 Project to M/s Bharti-Airtel Ltd

CBDT has awarded the Taxnet 2.0 project to M/s Bharti-Airtel Ltd for providing network connectivity, facility management services and video conferencing services to the Income Tax Department (ITD), subsequent …

Pre-Budget consultation meetings for the forthcoming Union Budget 2024-25 conclude in New Delhi

The Pre-Budget consultations for Union Budget 2024-25 that started from 19th June 2024 onward in the Ministry of Finance and chaired by Union Minister for Finance & Corporate Affairs Smt …

DGFT implements system-driven rule based Faceless Automation for ad-hoc Input Output Norms Fixation

In line with ongoing efforts to modernize and streamline foreign trade procedures the Directorate General of Foreign Trade (DGFT) has decided that ad-hoc Input Output Norms will be determined …

Gross Direct Tax collections for the Financial Year (FY) 2024-25 register a growth of 22.19%

The provisional figures of Direct Tax collections for the Financial Year 2024-25 (as on 17.06.2024) show that Net collections are at Rs. 4,62,664 crore, compared to Rs. 3,82,414 crore in the corresponding …

CBIC mounts campaign against frauds committed in the name of Indian Customs

Various incidents have come to light through news portals/social media platforms of fraudulent persons posing as Indian Customs officers cheating the public of their hard-earned money across the country …

Smt. Nirmala Sitharaman assumes charge as the Union Minister for Finance and Corporate Affairs

Smt. Nirmala Sitharaman assumed charge today as the Union Minister of Finance & Corporate Affairs in New Delhi …

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