December 14, 2025 11:05 AM

CBDT uses data analytics to flag bogus tax deductions, nudges taxpayers to revise returns

The Central Board of Direct Taxes (CBDT) has intensified its data-driven scrutiny of income tax returns to detect bogus claims of deductions and exemptions, particularly those linked to fake donations to political parties and charitable institutions, officials said on Friday. The tax authority has taken action against several intermediaries found to be filing returns with incorrect claims on a commission basis. Investigations revealed that some intermediaries had established networks of agents ...

November 27, 2025 4:30 PM

CBDT launches second NUDGE initiative to boost voluntary compliance on foreign asset disclosure

The Central Board of Direct Taxes (CBDT) has launched the second phase of its NUDGE initiative to strengthen voluntary compliance relating to the disclosure of foreign assets and income. Beginning November 28, the department will send SMS and email alerts to identified taxpayers, advising them to review and revise their Income Tax Returns (ITRs) for AY 2025–26 by December 31, 2025, to avoid penal consequences. According to the finance ministry, the initiative follows an analysis of Automatic ...

September 19, 2025 5:19 PM

Net direct tax revenue rises 9.2% to cross ₹10.82 lakh crore

India’s net direct tax collections grew 9.18% year-on-year to cross ₹10.82 lakh crore as of September 17, 2025, aided by a sharp decline of 23.87% in refunds, according to data released by the Central Board of Direct Taxes (CBDT) on Friday. Of the total collections, non-corporate tax revenue rose 13.67% to ₹5.83 lakh crore. This category includes taxes paid by entities not registered as companies under the Companies Act. Net corporate tax collections increased 4.93% to ₹4.72 lakh crore...

January 22, 2025 1:34 PM

Centre notifies new income-tax rules for non-resident cruise ship operators

The Central Board of Direct Taxes (CBDT) has notified amendments to the Income-Tax Rules, outlining the conditions for the applicability of the presumptive taxation regime for non-resident cruise ship operators, according to an official statement issued on Wednesday. As a measure to promote investment and employment, the Finance Act, 2024, introduced a presumptive taxation regime for non-residents engaged in the business of operating cruise ships. Additionally, an exemption has been provided f...

April 9, 2024 12:07 PM

Income tax department clarifies misinformation regarding HRA claims

Income Tax Department has addressed concerns raised by taxpayers regarding certain discrepancies in the information provided to the department. These discrepancies were identified during routine verification exercises conducted by the department. The department has clarified that there is no basis for apprehensions regarding retrospective taxation or the reopening of cases related to incorrect claims of House Rent Allowance (HRA) and rent paid by employees. Central Board of Direct Taxes (CBDT)...