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CBDT to closely monitor top taxpayers, crack down on bogus deductions
The government aims for ₹25.20 lakh crore in direct taxes for the fiscal year, while focusing on arrear collection and taxpayer education.
Published on May 04, 2025 03:01 PM IST
PTI |
I-T Dept uncovers ₹22,000 crore in undisclosed foreign assets and investments
The Income Tax department sends notices to taxpayers for failing to declare foreign assets, with penalties up to ₹10 lakh for non-compliance.
Published on Feb 18, 2025 04:38 PM IST
Only 1/3rd electoral trusts received donations: ADR report
Only one-third of electoral trusts reported donations in FY 2023-24, with BJP receiving 70.3% of ₹1,218.39 crore, raising transparency concerns.
Published on Feb 11, 2025 06:08 AM IST
Abhishek Angad, New Delhi
Income tax dept extends belated, revised ITR deadline: Details here
The Central Board of Direct Taxes has extended the deadline for resident individuals to file their belated or revised ITRs for the Assessment Year (AY) 2024-25
Published on Dec 31, 2024 04:14 PM IST
Income Tax department extends ‘Vivad Se Vishwas’ scheme deadline to January 31
The original deadline for the Vivad Se Vishwas scheme was December 31, 2024, with the scheme having come into effect on October 1, 2024
Published on Dec 31, 2024 03:14 PM IST