Tag: cbdt
Posted in Economy
CBDT retains tolerance level of transfer pricing at 1% for AY 2025-26
The Central Board of Direct Taxes (CBDT) has retained the tolerance range for transfer pricing at 1% for wholesale trading and 3% for other transactions…
Posted in Economy
Niti Aayog moves to simplify tax for foreign firms
NITI Aayog has proposed a simplified and optional presumptive tax scheme for permanent establishments in India, aimed at reducing discretion and litigation, simplifying compliances and…
Posted in Economy
Office of CAG signs MoU with CBDT to enhance operational effectiveness
The Office of the Comptroller and Auditor General of India and the Central Board of Direct Taxes (CBDT) have entered into a Memorandum of Understanding…