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Current Affairs

GK MCQs Section

Income Tax Department

‘AIS for Taxpayer’ Mobile App

The Income Tax Department has launched a mobile app named ‘AIS for Taxpayer’ to help taxpayers get a...

📅 March 23, 2023

What are Transfer Pricing Rules?

The Income Tax department recently conducted surveys in BBC offices located in Mumbai, Delhi, and in different other...

📅 February 16, 2023

PAN to be used as common identifier

PAN is a Permanent Account Number issued by the Income Tax Department of India. It is a ten-digit...

📅 February 2, 2023

Federal Bank: 1st to list Payment Gateway on New tax platform

Federal Bank, based in Kerala, is the first bank to get listed its Payment Gateway platform on “TIN 2.0 platform”...

📅 August 4, 2022

NSE Co-Location Case- Explained

The NSE co-location scam involves market manipulation at India’s largest stock exchange, the National Stock Exchange of India....

📅 February 21, 2022

Income Tax Department to launch its new e-filing portal

Income Tax Department is set to launch its new ITR e-filing portal, which can be accessed through website...

📅 June 7, 2021

FIU and IT Department Join Hands to Check Suspicious Cash Transactions

The Income Tax Department has been allowed to share the PAN Card details of an individual entity with...

📅 July 22, 2020

Akhilesh Ranjan task force on Direct Tax Code submits Report to Finance Ministry

The task force, headed by CBDT member Akhilesh Ranjan, constituted by the Union government for drafting the new...

📅 August 20, 2019

CBDT Hikes Monetary Limits for Filing of Appeals by Income Tax Department

The Central Board of Direct Taxes (CBDT) has significantly increased the limit for the income tax department to...

📅 August 12, 2019

Sanjeev Sharma head of CBDT panel to help bring down tax litigation]

The Central Board of Direct Taxes (CBDT) has formed a four-member committee to look into the matter of...

📅 February 23, 2019