The Central Board of Direct Taxes (CBDT) is the administrative body, under the Union finance ministry, for the I-T Department. The Budget announcement of zero tax for earnings upto ₹12 lakh per ...

In a relief to investors, Central Board of Direct Taxes (CBDT) on Wednesday clarified that past investments made under certain tax treaties with countries like Mauritius, Cyprus and Singapore will ...

New Delhi, Feb 3 (PTI) Central Board of Direct Taxes (CBDT) Chief Ravi Agrawal on Monday asked industry players to give their suggestions on the new income tax bill, which will be tabled in ...

The CBDT chief said the tax processes available to a "common" taxpayer for reporting their income were not "very complex" giving examples of the simplified ITR-1, pre-filled Income Tax Returns ...

The Central Board of Direct Taxes (CBDT) in its guidance note on PPT also clarified that the grandfathering provisions under the India-Cyprus DTAA, India-Mauritius DTAA and India-Singapore DTAA ...

The income tax department has adopted a more participative approach and is no longer an adversarial department, said CBDT chairman Ravi Agrawal at a FICCI event on Monday. Highlighting the ...

Central Board of Direct Taxes (CBDT) Chairman Ravi Agarwal said that around 95-97 per cent of the taxpayers would join the new tax regime from the current 74-75 per cent. He said currently there ...

Tax calculator 2025: The Income Tax Department has introduced a user-friendly tool for taxpayers to compare taxes under the New Tax Regime for the financial years 2024-25 and 2025-26 (post budget ...

In an interview to TOI, chairman of the Central Board of Direct Taxes (CBDT) Ravi Agrawal says he is confident that direct tax revenues would remain robust, making it easier for the department to ...

The new income tax bill, which will replace the six decade old Income Tax act, 1961, has been drafted within six months and efforts have been made to simplify the language to make tax compliance ...

The Budget announcement of zero tax for earnings upto Rs 12 lakh per annum and the rejig of tax slabs across the board should prompt more than 90 per cent of individual taxpayers to embrace the ...

The language has been made simpler, to the extent feasible, and the presentation has been made user-friendly, Central Board of Direct Taxes (CBDT) Chairman Ravi Agarwal told Priyansh Verma in an ...