Tag: CBDT

High US tariff comes ‘shocking’; to hit India’s shrimp exports: Agri-economist Ashok Gulati

Economy
India's seafood exports, especially shrimps, will be "severely" impacted due to the imposition of higher US tariff of 25 per cent plus penalty to be effective from August 1, agri-economist Ashok Gulati said on Wednesday....

Jefferies sees ‘greenshoots’ for Indian metal players, picks Tata Steel and Jindal Stainless as top bets for rebound

Stocks
Jefferies said the first signs of a turnaround are emerging for Indian carbon and stainless steel companies, and it’s betting big on Tata Steel and Jindal Stainless to ride the upswing, as the brokerage flagged...

Choose correct ITR to report foreign assets; 2 lakh such returns filed: CBDT official

Economy
As many as two lakh Income Tax Returns (ITRs) containing details of foreign assets and income have been filed during the current assessment...

CBDT launches compliance-cum-awareness campaign for AY 2024-25 to assist taxpayers in reporting foreign assets and income

Economy
New Delhi: The Central Board of Direct Taxes (CBDT) has launched a Compliance-Cum-Awareness Campaign for Assessment Year (AY) 2024-25 to assist taxpayers in...

CBDT extends ITR filing deadline for corporates till November 15

Business
The Central Board of Direct Taxes (CBDT) on Saturday announced an extension for the due date to file Income Tax Returns...

Salaried employees take note! Reduce TDS from salary with new Form 12BAA released by CBDT – details here

Business
The new form will enable employees to provide information about TCS and TDS from other sources. (AI image) TDS for salaried employees:...

GST relief for foreign airlines, academic institutions

Economy
New Delhi: Foreign airlines operating in India will not be liable to goods and services tax (GST) on services provided by the head...

Vivad se Vishwas 2.0: CBDT notifies date for direct tax dispute resolution

Economy
The Central Board of Direct Taxes (CBDT) Saturday notified the rules and forms for the taxpayers to avail Vivad se Vishwas 2.0 scheme...

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