Amitabh Kant steps down as G20 Sherpa, to shift focus to private sector and policy innovation

New Delhi, June 16 -- India's G20 Sherpa Amitabh Kant, who was instrumental in forging consensus among world leaders during India's G20 presidency amid sharp geopolitical rifts, has stepped down from ... Read More

Amitabh Kant steps down as G20 Sherpa, to shift focus to non-governmental domain

New Delhi, June 16 -- India's G20 Sherpa Amitabh Kant, who was instrumental in forging consensus among world leaders during India's G20 presidency amid sharp geopolitical rifts, has stepped down from ... Read More

Charitable and religious trusts, research institutions to face increased I-T scrutiny

New Delhi, June 15 -- Income tax return (ITR) forms of charitable trusts and research institutions that have wrongfully claimed tax exemptions, as well as entities and individuals that have had repeat... Read More

CBDT investigates tax evasion through crypto assets

New Delhi, June 14 -- Central Board of Direct Taxes (CBDT) is presently investigating tax evasion and laundering of unaccounted income by high-risk persons through investment in crypto currency, a per... Read More

Sitharaman to review ease of doing business, trade and refunds with top tax officers

New Delhi, June 14 -- Finance minister Nirmala Sitharaman will meet senior officials of direct and indirect tax administrations later this month to discuss measures to improve the ease of doing busine... Read More

E-way bill generation set to shoot up 19% in May

New Delhi, June 11 -- Electronic permits raised by businesses and traders for shipping goods within and across states shot up to 122.7 million in May, second only to the record 124.5 million raised in... Read More

DGGI dropping Infosys case signals new approach in granting tax benefit to software exporters

New Delhi, June 10 -- The move by the Directorate General of GST Intelligence to (DGGI) close Rs.32,403-crore of pre-tax proceedings against Infosys Ltd last week goes beyond the simple resolution of ... Read More

E-way bills shoot up to 122.7 million in May, the second-highest on record

New Delhi, June 10 -- Electronic permits raised by businesses and traders for shipping goods within and across states shot up to 122.7 million in May, second only to the record 124.5 million raised in... Read More

CBIC lays down plan for supportive, people-focused tax regime

New Delhi, June 9 -- The Central Board of Indirect Taxes and Customs (CBIC), the government's indirect tax policy body, has laid down an annual plan for a supportive, people-focused and tech-driven ta... Read More

India watching Pak federal budget closely, to flag any breach of IMF aid terms

New Delhi, June 8 -- When Pakistan's finance minister Muhammad Aurangzeb presents the country's FY26 federal budget on Tuesday, top officials sitting in New Delhi will scout for a key figure -defence ... Read More

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