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Friday, September 5, 2025
TopicCBDT

Topic: CBDT

Central Board of Direct Taxes pushes deadline for filing audit reports of FY24 from September 30 to October 7

ANI -
Decision was made considering the challenges taxpayers and other stakeholders faced in submitting reports electronically, says CBDT circular.

At 6.11%, India’s direct tax-to-GDP ratio in FY23 highest in 15 years, cost of collection down

Yuthika Bhargava -
Data released by Central Board of Direct Taxes shows India’s direct tax collections have been rising strongly over the past decade, as has number of those filing returns and actually paying tax.

‘Fictitious transactions’ of Rs 2,200 cr detected, CBDT claims after Dainik Bhaskar raids

PTI -
Searches launched on 22 July in 9 cities are 'continuing and further investigations are in progress', the Central Board of Direct Taxes said.

CBDT detects Rs 880 crore concealed income after survey of Bengaluru service company

PTI -
Quess Corp Limited has refuted the charges of concealment of income and said that it was extending full cooperation to the department.

Govt extends deadline for filing income tax returns to 30 September

PTI -
The Central Board of Direct Taxes, citing pandemic as the reason for the extension, also deferred the ITR filing deadline for companies till 30 November.

What series of extensions for CBDT chairpersons under Modi govt means

ThePrint Team -
Pre-Truth — snappy, witty and significant snippets from the world of politics and government.

CBI books expelled I-T officer S.K. Srivastava for cheating, fraud, passing backdated orders

Ananya Bhardwaj -
Thirteen locations associated with S.K. Srivastava were raided by the CBI, and jewellery, watches and cash were recovered.

CAT transfers official who stayed Modi govt’s move to compulsorily retire IRS officer

Remya Nair -
A.K. Patnaik stayed the compulsory retirement of IRS official G. Shree Harsha on 25 June. He was transferred just a day later to Karnataka.

Modi govt has reduced recruitment of IRS officers by over 70% since 2014

Sanya Dhingra -
In 2013, 409 IRS officers were recruited through the UPSC exam. By 2018, the number of posts released by the Modi govt stood at 106.

Modi govt wants to bring back ‘Raid Raj’, tells taxmen to ‘use whatsoever means required’

Maneesh Chhibber -
The PMO has ordered taxmen to fill the revenue shortfall, which could only mean one thing: More surveys and pressure to deposit more advance tax.
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Opinion

Give Trump a Nobel already. He has united Modi, Xi and Putin

Seshadri Chari -
Both India and the US should realise that whether it is trade or security, strategy or diplomacy, relationships cannot be one-sided.

Giorgio Armani brought a feminine touch to men’s tailoring — and taught them how to suit up

Army wives fight a silent battle. Don’t abuse them for seeking small joys

Economy

GST 2.0: India streamlines indirect tax regime amid Trump tariffs & what it means for consumers

Sampurna Panigrahi -
Goods and Services Tax Council paves way for a broad two-slab structure of 5% and 18% with a demerit rate of 40% for super luxury and 'sin' goods.

Defence

HAL team to visit US this month for talks on joint production of GE 414 engines

Snehesh Alex Philip -
The engines are meant for Tejas Mk 2 and the first tranche of Advanced Medium Combat Aircraft (AMCA).

National Interest

For Indian Mercedes, Asim Munir’s dumper truck in mirror is closer than it appears

Shekhar Gupta -
From Munir’s point of view, a few bumps here and there is par for the course. He isn’t going to drive his dumper truck to its doom. He wants to use it as a weapon.

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