central board of direct taxes

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    India's APA Growth: Over 1,000 Agreements Reached with Treaty Partners

    The Central Board of Direct Taxes (CBDT) has signed a record 219 Advance Pricing Agreements (APAs) with Indian taxpayers during the 2025-26 financial year, which is the highest number of APAs signed in a single year since the program's inception. According to the Ministry of Finance, the total...
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    I-T Department Uncovers Rs 408 Crore in Under-Reported Restaurant Sales

    New Delhi, March 9 The Income Tax Department has detected under-reporting of sales worth Rs 408 crore after it conducted a nationwide survey of restaurants on charges of tax evasion, the CBDT said on Monday.After visiting the premises of restaurants on Sunday, the taxman is now sending emails...
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    Naidu Pushes for Family Benefit Management System in Andhra

    Amaravati, March 4 Andhra Pradesh Chief Minister N Chandrababu Naidu on Wednesday directed officials to develop a Family Benefit Management System incorporating 26 key data points.Reviewing the FBMS in his Assembly chamber, Naidu said the database should include details such as family...
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    India-France Sign Protocol to Update Double Taxation Avoidance Convention

    India and France have signed an amending protocol to revise the India-France Double Taxation Avoidance Convention (DTAC). In a statement, the Ministry of Finance informed that the protocol was signed during the recent visit of French President Emmanuel Macron to India. It added that the...
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