Ministry of Finance HIGHLIGHTS OF UNION BUDGET 2025-26 Posted On: 01 FEB 2025 1:29PM by PIB Delhi PART A Union Minister for Finance and Corporate Affairs Smt Nirmala Sitharaman presented Union Budget 2025- 26 in the Parliament today. The highlights of the budget are as follows: Budget Estimates 2025-26 The total receipts other than borrowings […]
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Ministry of Finance Posted On: 22 JAN 2025 8:09PM by PIB Delh CBDT notifies amendments in Income-tax Rules, 1962 to prescribe conditions for applicability of presumptive taxation regime for non-resident cruise ship operators As a measure to promote investment and employment, Finance (No. 2) Act, 2024 inter alia provided a presumptive taxation regime for non-residents, engaged in
A. Purpose of CRS and FATCA In this globalized economy, tax transparency and compliance has become paramount to ensure that taxpayers disclose their global income and assets accurately. The Common Reporting Standard (CRS) and the Foreign Account Tax Compliance Act (FATCA) are international frameworks designed to combat tax evasion by increasing transparency and cooperation among
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Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes ****** New Delhi, 25th April, 2024 Press Release The Central Board of Direct Taxes (CBDT), has issued Circular No. 07/2024 dated 25.04.2024 further extending the due date for filing Form 10A/ Form 10AB under the Income-tax Act, 1961 (the `Act`) upto
CBDT extends due date for filing Form 10A/10AB-Press Release by PIB Read More »
Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes ****** New Delhi, 08th April, 2024 Press Release CBDT clarifies on media reports claiming special drive to reopen cases with reference to HRA claims Certain instances of mismatch of information as filed by the taxpayer and as available with the Income
