CBDT
2 pc TDS on cash withdrawals of over Rs 1 crore from Sep 1: Tax dept
If a person has already withdrawn Rs 1 cr or more in current fiscal, the 2 pc TDS shall apply on all subsequent cash withdrawals.
Surcharge rollback creates no differential regime between FPIs, domestic investors
FM on Friday announced the withdrawal of enhanced surcharge on short-term and long-term capital gains earned by FPIs.
Elimination of angel tax to uplift sentiment in the start up community
These steps shows government’s resolve towards ease of doing business in India and encourage entrepreneurship.
CBDT's procedure for pending angel tax assessment cases to help startups: Experts
Government is seeking to calm the nerves of startups worried about angel tax.
All communication from tax dept to assessees to carry DIN from Oct 1: CBDT
The CBDT has also specified exceptional circumstances where the communication could be issued manually.
CBDT issues FAQs on filing tax returns to help taxpayers
The FAQs are based on the queries received by the CBDT to help assessees file ITRs.
Relief for startups: CBDT lays out procedure for pending angel tax assessment cases
More than 540 startups have received exemption from angel tax so far.
Tax force on direct taxes gets more time to submit report
The government has allowed the task force to submit its report by 16th of August 2019.
No changes made in ITR forms, only software updated: CBDT
The CBDT said that the software utility for e-filing of all the ITR forms has been released long back.
Tax paying should be a pleasurable experience: CBDT chairman
Revenue collection under the direct taxes head has grown and the total tax base has also increased to over 7 crore taxpayers at present.