Sat, Sep 30, 2023
The Union government gave a nine-month extension in service "on contract basis" to CBDT Chairperson Nitin Gupta on Saturday, the day of his scheduled retirement.
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Mon, Jul 24, 2023
Income Tax Return Filing: More than four crore income tax returns (ITRs) have been filed so far for fiscal 2022-23 and more than half of them have been processed leading to issuance of 80 lakh refunds, CBDT chairperson Nitin Gupta said on Monday. The deadline for income tax return filing is July 31.
Mon, Mar 13, 2023
Under the e-verification scheme, the I-T department informs the taxpayers about mismatch in Annual Information Statement (AIS) about the financial transaction, and the I-T returns filed.
Fri, Feb 03, 2023
"Considering that standard deduction will be available to salaried taxpayers in the new regime, effectively a salaried employee with an income of Rs 7.50 lakh would not be required to pay any tax," Central Board of Direct Taxes (CBDT) Chairman Nitin Gupta said.
Thu, Feb 02, 2023
Budget 2023: The government has introduced the new tax regime as the default one, but it is just a mechanism opted for the government to make tax filing easier for the people, says CBDT Chairperson Nitin Gupta.
Fri, Aug 26, 2022
New TDS provisions for banks: CBDT Chairman Nitin Gupta said the board, which frames policies for the Income-Tax department, will issue an official explainer on the subject, including the "pressing" issue of one-time settlement (OTS) being faced by the banks.
Thu, Aug 25, 2022
The abbreviation ITR-U stands for 'income tax return-updated' and is available to taxpayers for filing updated returns for 2019-20 and 2020-21 financial years or assessment years 2020-21 and 2021-22.
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![Budget 2023: New tax regime "sweetened" to benefit the maximum number of taxpayers, says CBDT Chairman](https://cdn.zeebiz.com/sites/default/files/styles/zeebiz_160x90/public/2023/02/02/225123-income-tax-4916261920.jpg?itok=o2w4MFUf&c=b94fce282a0dd2379b59e73ea7d50380 "Budget 2023: New tax regime "sweetened" to benefit the maximum number of taxpayers, says CBDT Chairman")
