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Business News: CBDT orders restructuring of I-T dept; Aims to weed out anomalies in faceless regime

CBDT orders restructuring of I-T dept; Aims to weed out anomalies in faceless regime : Rashtra News #CBDT #orders #restructuring #dept #Aims #weed #anomalies #faceless #regime The Central Board of Direct Taxes (CBDT) has constituted a task force to restructure the entire Income-tax department. The panel, which comprises 10 senior officials of the department, will ....

National Faceless Assessment Centre , Central Board , Direct Taxes , Income Tax , Faceless Assessment , Faceless Tax Assessment , Income Tax Department , It Department ,

tax collections: Robust tax mopup gives 433% boost to capex, says FM

Robust tax collections have increased capital expenditure and investment in infrastructure projects. Gross direct tax collections rose 16.77%, with expectations of further increase. Refunds worth ₹2.48 lakh crore were issued, and 1.66 crore income tax returns were processed in a day. Time for assessment reduced, faceless assessment introduced for transparency, and technology used to boost collections. ....

Uttar Pradesh , Viksit Bharat , Narendra Modi , Finance Minister Nirmala Sitharaman Thursday , Income Tax , Prime Minister Narendra Modi , Saryu River , Tax Collections , Capital Expenditure , Infrastructure Projects , Gross Direct Tax Collections , Income Tax Office Building , Faceless Assessment ,