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Income Tax Department

News Updates

Net direct tax mop up rises 23% to Rs 7.04 lakh cr so far this fiscal

PSU Watch Bureau -
The net direct tax collection has increased 23 per cent to Rs 7.04 lakh crore so far this fiscal, the income tax department said
News Updates

IT Department notifies cost inflation index for current fiscal

PSU Watch Bureau -
IT Department has notified the cost inflation index for the current fiscal to calculate long-term capital gains arising from the sale of...
News Updates

CBDT asks tax officers to not issue reassessment notices for 3 years till FY’15

PTI -
The Income Tax Department has asked field offices to not issue reassessment notices for 3 years till FY'15 to small taxpayers
National News

Honest taxpayers deserve to be recognised for paying their due share: Nirmala Sitharaman

PSU Watch Bureau -
Finance Minister Nirmala Sitharaman said that honest taxpayers deserve to be recognised for paying their due share dutifully
Bureaucracy Watch

Neetika Bansal (IRS) set to be appointed as Director in Department of Commerce

Policy Watch Bureau -

Neetika Bansal is an IRS officer and currently serving as Deputy Secretary in the Income Tax Department, her order for deputation in Department of Commerce came Thursday

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PSU Watch is a business news brand of 27 Frames Communications LLP. It places the spotlight on PSUs, Governance, Bureaucracy, Defence and Public Policy as the sector traverses through a period of radical change.

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