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Tuesday, April 7, 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

Syringes, MRI to ventilators, West Asia war squeezing India’s medical supply chain—costs up 10 to 50%

Industry says manufacturers have 2-4 weeks of buffer stocks, but prolonged disruption could push up shortage risks, especially of consumables like IV and syringes.

UAE walks away from financing Rafale F5 due to restricted access to technology, reports French media

French newspaper La Tribune earlier last week indicated that UAE withdrew from deal to fund EUR 3.5 billion. India is looking to order 114 new Rafales, which could include the F5.

China insulated itself against energy shocks. India is ‘all talk, no walk’

China patiently invested capital, skill and technology in coal gasification. Unlike it, we won’t move from words to action. As crude prices decline, we lose interest.