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There will be no tax on income up to Rs 12 lakh, more than 90% taxpayers can adopt the new tax regime: CBDT Chairman..
Chairman Ravi Agarwal has said that after the announcement of changes in tax slabs in the budget, more than 90% of taxpayers ...
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CBDT Shares Taxpayer Data for PMGKAY Eligibility
The DGIT (Systems) and the DFPD will determine the frequency and mode of data exchange. A Memorandum of Understanding (MoU) will outline the data transfer process, confidentiality measures, safe data ...
New Tax Regime: Should you still invest in tax-savings instruments such as PPF, NSC, ELSS, SCSS?
With no tax for income under ₹12 lakh, you have a higher incentive to opt for the new tax regime. This means your incentive to invest in tax saving instruments is lower than it ever was. Should you, ...
Panama pulls out of China's belt and road initiative amid tensions
Panama has officially withdrawn from China's Belt and Road Initiative, saying that it will not renew the 2017 Memorandum of ...
New Income-Tax Act to make life simple for taxpayers: CBDT chairman Ravi Agrawal
In an interview to TOI, chairman of the Central Board of Direct Taxes (CBDT) Ravi Agrawal says he is confident that direct ...
Give suggestions on new income tax bill: CBDT chief to industry
New Delhi, Feb 3 (PTI) Central Board of Direct Taxes (CBDT) Chief Ravi Agrawal on Monday asked industry players to give their ...
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CBIC and CBDT Chiefs outline key steps to reduce tax-related litigations
Speaking at the CNBC-TV18 Budget Verdict Townhall event, CBDT Chief Ravi Agarwal highlighted the steps taken to ease tax ...