The Central Board of Direct Taxes (CBDT) has updated the Cost Inflation Index (CII) to 376 for the financial year 2025-26 ...

Filing your ITR for 2024-25 is essential for refunds, legal compliance, and financial credibility—even with zero tax.

The higher cost inflation index helps cushion sellers from rising prices, lowering their taxable gains,' say experts, making ...

The rationale is that long-term capital gains on assets such as land and buildings should apply only to real profits, ...

Ministry of Finance announces amendment to Section 48 of the Income-tax Act, 1961, introducing a new cost inflation index effective from Assessment Year ...

The re-appointment will be on the usual terms and conditions applicable to re-employed Central government officers, in ...

The CBDT has directed tax officials to ensure meticulous application of mind when issuing tax scrutiny notices, mandating ...

The CBDT has relaxed the timeframe for processing late tax returns and issuing refunds for valid claims submitted by March ...

Chairman Ravi Agarwal has written to the Principal Chief Commissioners of Income Tax, directing them to ensure that faceless assessment officers maintain higher standards of inquiry relevance and ...

The CBDT has instructed Income Tax Department officials nationwide to apply "due application of mind" when issuing scrutiny ...

The Finance Minister was briefed on the department's key performance indicators for the current financial year (FY 2025-26), ...

The CBDT is the apex policy-making body for the Income Tax Department and is headed by a chairman, with up to six members of ...