Notification 71/2025 grants income tax exemption to Karnataka State Pollution Control Board for specific income like consent fees, analysis charges, and government grants. Conditions ...

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, ...

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

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

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 ...

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

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

The Appointments Committee of the Cabinet on Saturday approved the re-appointment of Ravi Agrawal as chairman of the Central ...