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Tag: Central Board of Direct Taxes

‘Super rich’ incomes’ share ebbing amid upward mobility for middle class: CBDT

Posted on October 26, 2023 By admin
‘Super rich’ incomes’ share ebbing amid upward mobility for middle class: CBDT

Tax payers file their income-tax returns. As many as 7.41 crore I-T returns have been filed so far this year, which include 53 lakh first-time tax filers. File | Photo Credit: The Hindu India’s tax base has widened sharply since 2013-14, with individuals moving up the income ladder and the proportion of super-rich taxpayers’ incomes…

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Central Board of Direct Taxes (CBDT) Chairman Nitin Gupta Says Analysing Swiss Bank Accounts Data Of Indians

Posted on October 11, 2023 By admin
Central Board of Direct Taxes (CBDT) Chairman Nitin Gupta Says Analysing Swiss Bank Accounts Data Of Indians

The first such exchange with India took place in 2019. New Delhi: The Central Board of Direct Taxes (CBDT) Chairman Nitin Gupta said the Income Tax Department will analyse the bank accounts of Indian nationals and organisations it received from Swiss Bank and will take action under the black money Act in case any tax…

Read More “Central Board of Direct Taxes (CBDT) Chairman Nitin Gupta Says Analysing Swiss Bank Accounts Data Of Indians” »

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