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Thursday, January 29, 2026
TopicCentral Board of Direct Taxes (CBDT)

Topic: Central Board of Direct Taxes (CBDT)

CBDT rolls out new functionality in AIS to display status of information confirmation process

This statement provides details of a large number of financial transactions undertaken by the taxpayer which may have tax implications.

Shivraj govt in a bind as ex-Congress MLAs named in MP ‘poll cash’ case are now in BJP

EC order is based on CBDT report that names several ex-Congress MLAs who defected to the BJP, including two cabinet ministers. MP govt to speak to EC in first week of January.

Chinese national arrested now for ‘running hawala network’ was held for spying in 2018

According to officials of Central Board of Direct Taxes, Luo Sang was using 8-10 bank accounts and represented fake Chinese companies in hawala operations worth Rs 300 crore.

Modi govt message to taxmen — ensure 100% targets are met, or forget good postings

Modi govt wants to earn Rs 2 lakh crore from ‘Vivaad Se Vishwas’ scheme for disputed tax cases, and has told field officers their appraisals will depend on it.

LIC to tax charter: Budget 2020 wants India in the big league, but offers mere quick fixes

Modi govt’s Budget identifies key reform areas, but a mere window dressing won’t get desired results. There is clear need for deep structural reforms.

Tax collection in Jammu and Kashmir up 19.3% despite political turbulence

Direct tax collection in Jammu and Kashmir stood at Rs 1,302.60 crore in financial year 2018, up from Rs 1,091 crore from a year ago.

Ranchi I-T official’s suicide prompts diktat for officers to be courteous with juniors

Manmohan Singh, a 55-year-old officer working in the Income Tax Apellate Tribunal, Ranchi, had hanged himself on 5 June.

Sushil Chandra gets vigilance clearance, to continue as CBDT chairman for another year

A discreet probe was conducted against Chandra and eight other senior I-T officials by CBI in connection with the Nirav Modi case.

On Camera

Economic Survey 2025-26 takes global lessons seriously—and shows why Swadeshi is the way to go

The Economic Survey 2025-26 is not a celebration of success, but a measured warning that the traditional paradigms of global economic growth are no longer applicable.

Flagging growing obesity & heart disease risk, Economic Survey recommends hiking taxes on junk food

The Economic Survey linked ultra-processed foods (UPFs) with worsening diet quality and higher risks of obesity, diabetes, heart disease and mental health conditions.

Indian Army ties up with US drone company that made its name in the Ukraine conflict

Shield AI will provide V-BAT vertical takeoff & landing drones along with licences for software, which will be integrated into aircraft and made available to select Indian partners.

Non-alignment is coming back in a new avatar: Trump-peedit alliance

No nation other than China can negotiate one-on-one with Trump on an equal footing. That’s why the middle powers who so far formed the core of multilateral bodies now feel orphaned.