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Don’t miss the latest developments in business and finance.
Tax evasion: 89 high-value foreign remittances come under I-T scanner
The Central Board of Direct Taxes (CBDT), the top direct tax body, has directed the officers concerned to initiate verification and send notices to those behind these transactions on March 28
Taxing times: Businesses face tax heat over deductions claimed for cess
CBDT tells I-T officials to nudge entities; move could help garner over Rs 5,000 cr
CBDT proposes common ITR with focus on crypto assets declaration
New return to also seeks details on foreign equity and debt held by resident Indians; much more exhaustive list for NRIs
CBDT directs IT dept to hold grievance redressal fortnight in June
The delay in giving effect to an appeal and passing rectification orders is the biggest source of grievance against the department