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Direct Tax Law

CBDT unlikely to offer tax relief for foreign data centres soon: Report

Currently, foreign companies operating or leasing data centres in India may be taxed at a higher corporate rate of 35 per cent, compared to 22 per cent for domestic firms, according to Moneycontrol

CBDT unlikely to offer tax relief for foreign data centres soon: Report
Updated On : 25 Jun 2025 | 7:17 PM IST

Got a big gift recently? Here's how it could trigger a tax surprise

Experts decode how your cash, property, or crypto gifts could quietly land you on the tax radar

Got a big gift recently? Here's how it could trigger a tax surprise
Updated On : 19 May 2025 | 5:30 PM IST

How to make tax officials accountable

The proposed simplification of the tax code offers a chance to instil accountability, following the model of the Public Service Guarantee Acts

How to make tax officials accountable
Updated On : 11 Aug 2024 | 9:58 PM IST

Tax law on assets abroad; heat shield at home: Top personal finance stories

This week we write about how to file tax returns for investments or income in foreign countries

Tax law on assets abroad; heat shield at home: Top personal finance stories
Updated On : 14 Jun 2024 | 8:09 AM IST

Glide path for direct tax

Exemption-free option a good move, but clarity needed

Glide path for direct tax
Updated On : 02 Feb 2020 | 8:56 PM IST

Taxing digital giants: India wants to wait until 2020 for a global solution

DTC panel makes no sweeping suggestion on it; any possible govt action only in 2020

Taxing digital giants: India wants to wait until 2020 for a global solution
Updated On : 29 Aug 2019 | 10:36 PM IST

Direct tax committee calls for major changes to reassessment rules

The panel had also incorporated some suggestions of the previous Arbind Modi committee

Direct tax committee calls for major changes to reassessment rules
Updated On : 21 Aug 2019 | 12:15 PM IST

CBDT task force gets 3-month extension till May to draft new direct tax law

PM Modi had observed that the Income Tax Act, 1961, was more than 50 years ago and it needs to be redrafted

CBDT task force gets 3-month extension till May to draft new direct tax law
Updated On : 01 Mar 2019 | 12:31 PM IST

Panel on direct tax law to submit report in September: FinMin officials

The panel has been given more time by Finance Minister Arun Jaitley

Panel on direct tax law to submit report in September: FinMin officials
Updated On : 30 Aug 2018 | 5:30 AM IST

Task force to draft new direct tax law

Arbind Modi, member (legislation) of the Central Board of Direct Taxes (CBDT), is convenor of the task force

Task force to draft new direct tax law
Updated On : 23 Nov 2017 | 1:31 AM IST