Central Board of Direct Taxes

97,000 Indians Earn More Than Rs 1 Crore Did you know that more than 97000 people in our country have a taxable income of more than Rs. 1 crore in 2017-18? And that this number was very less 81,344 in the AY 2017-18? Yes, this is…

Tax Evaders To Face Prosecution The Income Tax Department is now determined to not let go tax evaders go easily. The rules have all changed and the IT Department is going to crack down on any tax offenders. The new rules set by the…

In the history of India, 2018 shall be remembered as the year when the nation turned into a Surveillance State. Almost like following the script of Nineteen Eighty-Four, the dystopian novel by English writer George Orwell which was…

Income Tax Dept. runs an 'Income Tax Informants Reward Scheme' for those, who wish to inform them about tax evaders and information about black money stashed abroad. Now, this scheme has been revamped and redesigned with some big rewards,…

With GST already rolled out in public domain, Government is now concentrating on fine-tuning it to make it fairer & more acceptable to the people.