Claims that new powers being introduced in new income tax bill incorrect: Sources
Sources in the Central Board of Direct Taxes (CBDT) have sought to clear the air after some concerns were raised that Income ...
New Income Tax Bill retains existing digital access rules, no extra powers to breach privacy
Section 247 of the Income Tax Bill, 2025, prescribes an authorised officer to gain access by 'over-riding' the access code of ...
View: Tax Department No Big Brother, Online Snooping Scare Unfounded
The new Income Tax Bill 2025 only simplifies, consolidates, updates and sheds what’s redundant in the existing tax law to ...
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Ensuring compliance: Preservation and examination of books of accounts
Businesses are required to maintain and preserve books of accounts for a certain period in compliance with tax laws and regulations.
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Digital, social media accounts accessed only in search, survey ops; not against common taxpayer: I-T sources
The new Income Tax Bill prescribes the existing process for tax authorities to gain access to the digital space or a computer device only during search and survey operations, and it is not aimed to ...
Not against common taxpayer, new Income Tax bill won't breach online taxpayer's privacy: Report
The new Income Tax Bill prescribes the existing process for tax authorities to gain access to the digital space or a computer device only during search and survey operations, and it is not aimed to ...
Ghost flights to gate lice: The phrases every traveller needs to know
Do you know the difference between “direct” and “non-stop” flights? The travel industry has a language all its own – here are the key terms.
Here are 5 things that will likely get more expensive in 2025 no matter what Trump does in the White House
Eggs are a staple item in many people's fridges. But in 2025, egg prices are expected to rise due largely to a wave of avian ...