Tag: Central Board of Direct Taxes

Mark Cuban Says AI Is the Future of ‘Everything’ — Here’s How You Can Use It To Be Successful

Market
When billionaire entrepreneur Mark Cuban talks about the future, it’s smart to pay attention. And right now, he’s focused on one thing: artificial intelligence (AI). In a May 2025 interview with New...

Agriculture self-reliance: Govt says oilseeds and pulses output growing faster; MPs raise alarm over costly edible oil imports

Business
The government has told a parliamentary committee that domestic production of pulses and edible oils has risen at a greater pace in the last 10 years compared to the previous decade, even as...

CBDT introduces new rules for business trusts and investment funds, tightening compliance and updating tax forms

Economy
The Central Board of Direct Taxes has implemented new rules requiring business trusts to file income distribution statements by June 15. Updated forms...

Net direct tax kitty swells 16% to Rs 16.90 lakh crore so far in FY25

Business
NEW DELHI: The net direct tax collection grew 15.88 per cent to about Rs 16.90 lakh crore so far this fiscal,...

Taxman recovers Rs 35,500 crore outstanding from April to September

Economy
New Delhi: The Central Board of Direct Taxes (CBDT) has recovered ₹35,500 crore of outstanding dues for the April-September period of this financial...

Revenue dept forms 22 sub-committees to review I-T act

Economy
The Indian government has formed 22 sub-committees to reassess the Income Tax Act, aiming to simplify it and make it more user-friendly. ...

CBDT extends ITR filing deadline for corporates to November 15

Economy
The deadline for corporate income tax returns filing for assessment year 2024-25 has been extended by 15 days to November 15.The Central Board...

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