Tag: Central Board of Direct Taxes

For uninsured vehicles, road minister moots steep hike in penalties

BusinessAugust 2, 2025

NEW DELHI: In a bid to address the longstanding confusion over speed limits, the road transport ministry has proposed that the Centre set the speed limits for NHs and expressways while states can...

Best Trucking Bookkeeping Services

MarketAugust 2, 2025

Let’s set the record straight—bookkeeping is not some behind-the-scenes admin task you push off until tax season. In trucking, your books are your compass. Without clean, organized, and trucking-specific financials, you’re not...

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

EconomyFebruary 25, 2025

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

BusinessJanuary 13, 2025

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

EconomyNovember 17, 2024

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...