CBDT seeks inputs from stakeholders on income-tax rules and related forms on provisions of Income Tax Bill 2025, after it was introduced in Parliament
CBDT has launched a utility on e-filing portal for stakeholders to submit inputs on provisions of Income tax Bill 2025 through an OTP-based validation process …
CBIC celebrates International Customs Day with a focus on Efficiency, Security and Prosperity
The Central Board of Indirect Taxes and Customs (CBIC) celebrated International Customs Day at Nhava Sheva, Mumbai today, with the theme “Customs Delivering on its Commitment to Efficiency, Security, …
CBIC cautions against fraudsters issuing fake and fraudulent Summons for GST violations
Taxpayers can verify online any communication from DGGI or any office of CGST by using the ‘VERIFY CBIC-DIN’ window on the CBIC’s website https://esanchar.cbic.gov.in/DIN/DINSearch …
CBDT notifies amendments in Income-tax Rules, 1962 to prescribe conditions for applicability of presumptive taxation regime for non-resident cruise ship operators
As a measure to promote investment and employment, Finance (No. 2) Act, 2024 inter alia provided a presumptive taxation regime for non-residents, engaged in the business of operation of …
Ministry of Finance Year Ender 2024: Department of Revenue
In the year 2024, the Central Board of Direct Taxes (CBDT) and Central Board of Indirect taxes and Customs (CBIC), under the Department of Revenue, Ministry of Finance, have …
CBDT launches Electronic Campaign to address income and transaction mismatches for FY 2023-24 and FY 2021-22
The Central Board of Direct Taxes (CBDT) has launched an electronic campaign to assist taxpayers in resolving mismatches between the income and transactions reported in the Annual Information Statement …
CBIC Chairman launches new initiatives to enhance taxpayer services
The four citizen-centric initiatives include revised Citizen’s Charter, Revamped Citizen’s Corner for complete tax related information, ‘Ease of Doing Business’ tab for making suggestions, and CBIC Archives for tax …
Income Tax relief to the Cooperative societies
The Government of India has taken various initiatives to provide the income tax relief to cooperative societies. Details are as under: …
GST & Customs pavilion gets Bronze Medal for Excellence for the Public Communication and Outreach at IITF 2024
The GST and Customs Pavilion by the Central Board of Indirect Taxes and Customs (CBIC) has been awarded the Bronze Medal for its exceptional contribution to Public Communication and Outreach at …
CBDT’s PAN 2.0 Project to streamline and modernise process of issuing and managing PAN and TAN, making it simpler, more user-friendly and efficient
The Cabinet Committee on Economic Affairs (CCEA) has approved the Income Tax Department’s Permanent Account Number (PAN) 2.0 Project. This project aims to streamline and modernise the process of …
