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cbdt news

What is buyback tax? Income Tax Dept explains Budget 2026 changes

Budget 2026: Buyback tax overhaul to ease burden on retail investors
Updated on Feb 02, 2026 03:01 pm IST

Got an SMS from Income Tax dept about tax returns? CBDT issues a statement

CBDT said it has launched an initiative to encourage taxpayers to voluntarily review and correct their deduction and exemption claims. (HT Photo/Vipin Kumar)
Updated on Dec 24, 2025 05:40 am IST

I-T department to launch campaign asking taxpayers to report foreign assets

The first NUDGE campaign was launched in November 2024. (www.incometax.gov.in)
Published on Nov 27, 2025 03:26 pm IST

ITR refunds: What's causing the delay? CBDT chairman shares update

CBDT chairman said that some of the income tax refund claims were identified as "high-value" or were "red-flagged" by the system due to claims of certain deductions.
Published on Nov 26, 2025 03:15 pm IST

Income tax audit deadline extended: Corporates, taxpayers get relief till Dec 10

CBDT has decided to extend the due date of furnishing of Return of Income for the AY 2025–26.
Updated on Oct 29, 2025 09:30 pm IST

CBDT extends deadlines for filing various audit reports

The system is stable and fully functional, enabling submission of various statutory forms and reports.
Published on Sept 25, 2025 06:25 pm IST

Explained: Why CBDT extended deadline to file Income Tax returns to Sept 15

FILE PHOTO: CBDT has already notified extensively modified income tax returns forms for AY (assessment year) 2025-26 in the last two months (REUTERS)
Updated on May 27, 2025 11:43 pm IST

ITR filing extension: CBDT announces new deadline for AY 2025-26

In a statement, CBDT said this extension will provide more time due to significant revisions in ITR forms.
Updated on May 27, 2025 06:32 pm IST

CBDT to closely monitor top taxpayers, crack down on bogus deductions

CBDT has instructed IT officials to monitor top advance taxpayers to boost direct tax collections this financial year
Published on May 04, 2025 03:01 pm IST

I-T Dept uncovers 22,000 crore in undisclosed foreign assets and investments

Revised Income tax slabs: Under the new tax regime, a nil tax slab will apply to annual incomes up to 12 lakh ( 12.75 lakh for salaried taxpayers with a standard deduction of 75,000).
Published on Feb 18, 2025 04:38 pm IST

Only 1/3rd electoral trusts received donations: ADR report

Only 1/3rd electoral trusts received donations: ADR report
Published on Feb 11, 2025 06:08 am IST

Income tax dept extends belated, revised ITR deadline: Details here

This means that all those who have to file their return by December 31, but haven't done so, will get an additional two weeks to do it.
Published on Dec 31, 2024 04:14 pm IST

Income Tax department extends ‘Vivad Se Vishwas’ scheme deadline to January 31

The Vivad Se Vishwas scheme allows taxpayers to effectively conclude all their income tax disputes and also avoid additional penalties.
Published on Dec 31, 2024 03:14 pm IST

CBDT notifies tolerance range for transfer pricing

(Mint)
Updated on Oct 30, 2024 05:40 am IST

CBDT notifies tolerance range for transfer pricing for AY 2024-25

The tolerance ranges shall be 1% for transactions in the nature of wholesale trading and 3% for others. (Representative file photo)
Published on Oct 29, 2024 04:05 pm IST

Relief against income tax offences as charges for TDS default reduced: Details

New CBDT guidelines streamline the compounding process under the Income-tax Act, easing accessibility for taxpayers. They eliminate offence categorization and allow unlimited applications, while also reducing compounding charges and abolishing interest on delayed payments.
Published on Oct 18, 2024 08:59 am IST

CBI arrests ED official for extorting 20 lakh from jeweller

ED has also registered a case against Singh under the Prevention of Money Laundering Act (PMLA) and has taken action to place him under “immediate suspension” and repatriate him to his parent department, the financial crimes probe agency said in a statement. It also carried out joint raids with the CBI on Thursday in the matter at Singh’s office. (Representational image)
Updated on Aug 09, 2024 05:22 am IST

Tax practitioners urge CBDT to extend ITR filing deadline to August 31

Tax practitioners said that the process of paying self-assessment tax through banks and downloading challans is time-consuming.
Updated on Jul 30, 2024 11:07 am IST

Ravi Agrawal appointed CBDT chairman

The new CBDT chief is currently working as Member (Administration) in the Board at present.
Published on Jun 29, 2024 10:02 pm IST

I-T department to tap 1.52 crore individuals for ITR filing. Here's why

An official said that in financial year 2022-23, there were about 8.9 crore taxpayers while the returns filed were 7.4 crore.
Published on Apr 13, 2024 03:56 pm IST

Delhi HC sets aside order directing CBDT to provide info on Ram Temple trust

The CPIO approached the high court challenging CIC’s November 2022 order. (Getty Images/iStockphoto)
Published on Mar 01, 2024 04:36 pm IST

Direct tax collections reach 11.07 lakh crore, up 18% YoY

Representative Image
Published on Oct 10, 2023 09:23 pm IST

I-T dept collects over 700 crore in TDS from online gaming, crypto trade

600 crore collected in taxes under TDS for online gaming.
Published on Oct 10, 2023 06:54 pm IST

CBDT Chairperson Nitin Gupta given nine-month extension

CBDT Chairperson Nitin Gupta
Published on Sept 30, 2023 05:04 pm IST

Gross direct tax collections grew 24% to 15.67 lakh crore this fiscal

The revised estimates for the current fiscal pegged direct tax revenues at 16.50 lakh crore.
Published on Feb 11, 2023 02:19 pm IST

Two-thirds taxpayers likely to shift to new regime in 2023-24 itself: CBDT chief

Representative Image
Published on Feb 03, 2023 06:38 pm IST

Gross direct tax grows 26% net collections, near 80% of Budget target for FY23

India’s direct tax revenue jumped have grown 26 per cent to over 13.63 lakh crore so far in financial year 2022-23.
Updated on Dec 18, 2022 02:16 pm IST

PAN holders, missed deadline to link to Aadhaar? Tax department says this

Representative Image
Updated on Nov 21, 2022 04:53 pm IST

I-T dept raids in J'khand unearth 2 cr in cash, 100 cr unaccounted transaction

Raids were also conducted at other locations related to coal traders and businessmen in Chaibasa and Jamshedpur (HT Photo)
Updated on Nov 08, 2022 03:08 pm IST

CBDT reviewing its ‘faceless’ tax assessment scheme: Report

Representative Image
Published on Aug 23, 2022 03:44 pm IST