![[Breaking] Personal Income Tax Surpasses Corporate Tax by ₹1 Lakh Crore for FY 2024-25: CBDT releases Net Direct Tax Collection Report [Read Notification]](https://www.taxscan.in/wp-content/uploads/2024/10/CBDT-Central-Board-of-Direct-Taxes-Income-Tax-Personal-Income-Tax-Corporate-Tax-Direct-Tax-Collection-Report-taxscan.jpg "[Breaking] Personal Income Tax Surpasses Corporate Tax by ₹1 Lakh Crore for FY 2024-25: CBDT releases Net Direct Tax Collection Report [Read Notification]")
[Breaking] Personal Income Tax Surpasses Corporate Tax by ₹1 Lakh Crore for FY 2024-25: CBDT releases Net Direct Tax Collection Report [Read Notification]
The Central Board of Direct Taxes ( CBDT ) has released its net direct tax collection report for the financial year 2024-25. The personal income tax...
![Budget 2024-25: Know the Revised TDS Rates under Income Tax Act [Read Bill]](https://www.taxscan.in/wp-content/uploads/2024/07/Budget-2024-25-Know-the-Revised-TDS-Rates-Income-Tax-Act-taxscan.jpg "Budget 2024-25: Know the Revised TDS Rates under Income Tax Act [Read Bill]")
Transaction done through Bombay Stock Exchange on STT cannot be considered as Sham or Bogus Transaction: ITAT [Read Order]
The Delhi bench of the Income Tax Appellate Tribunal ( ITAT ) observed that Transaction done through Bombay stock exchange on Securities Transaction Tax ( STT ) cannot be considered as sham or bogus...
![Transaction done through Bombay Stock Exchange on STT cannot be considered as Sham or Bogus Transaction: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/02/Income-Tax-ITAT-Delhi-Bombay-Stock-Exchange-Securities-Transaction-Tax-Sham-transaction-taxscan.jpg "Transaction done through Bombay Stock Exchange on STT cannot be considered as Sham or Bogus Transaction: ITAT [Read Order]")
CBDT notifies List of Transaction Exempted from LTCG u/s 10(38) of Income Tax Act [Read Notification]
The Central Board of Direct Taxes (CBDT) today released the final Notification on section 10(38) of the Income Tax Act which exempts exempt specified deals from long-term Capital Gains Tax in cases...
![CBDT notifies List of Transaction Exempted from LTCG u/s 10(38) of Income Tax Act [Read Notification]](https://www.taxscan.in/wp-content/uploads/2016/08/CBDT-Taxscan-2.jpg "CBDT notifies List of Transaction Exempted from LTCG u/s 10(38) of Income Tax Act [Read Notification]")
Genuine Equity Deals will not Attract Capital Gain Tax: CBDT invites Suggestions on Draft Notification of STT Chargeability Rules
With a view to curb tax evasion through "sham transactions" in stock market and protect genuine ones, the CBDT today proposed to exempt specified deals from long-term capital gains tax in cases where...
Budget 2017: Securities Transaction Tax (STT) and Employee Stock Option Plans (ESOPs) may hit by new provisions
Budget 2017 brought some significant changes in the long-term capital gains tax. Till the announcement of Budget, there were speculations that the Government may withdraw some exemptions given to the...
