Central Board Of Direct Taxes

Net direct tax collection grows 19% to Rs 14.7 lakh crore this fiscal

January 11, 2024

Net direct tax collection grows 19% to Rs 14.7 lakh crore this fiscal

The government has budgeted to collect Rs 18.23 lakh crore from direct taxes, 9.75% higher than Rs 16.61 lakh crore mopped up last fiscal.

June 08, 2021
I-T dept launches new e-filing portal | Here's a list of new features

The new portal - www.incometax.gov.in - replaces the 'http://incometaxindiaefiling.gov.in' site, and can be accessed by taxpayers in various regional languages.
April 02, 2021
Govt notifies ITR forms for 2020-21, gives option to choose new tax regime

Keeping in view the ongoing crisis due to COVID pandemic and to facilitate the taxpayers, no significant change has been made to the ITR Forms in comparison to the last year's ITR Forms.
June 25, 2020
Deadline for filing income tax returns extended till July 31

The CBDT issued a notification on June 24, 2020 to provide further relief to taxpayers by extending various time limits of compliances.
May 31, 2020
Govt notifies Income Tax Return forms, here is what's new

The department has also revised the I-T return forms to allow assessees to avail benefits of various timeline extension granted by the government following the COVID-19 pandemic.
March 05, 2020
Miffed with workload, I-T sleuths to halt key operations and skip overtime duty

Prime Minister Narendra Modi's government is pushing to shore up revenue as India's once-booming economy grows at roughly 11-year lows.
June 04, 2019
CBDT extends due date for companies to issue Form 16

The changes have been brought to the process after it was found that there were many difficulties in filing the said return in the recently revised format.

May 30, 2019
New PAN card guidelines to keep in mind

To check for tax evasion and ensure greater flexibility, the IT department has released the following new guidelines.