Bihar Conclave 2025

Central Board of Direct Taxes (CBDT)

The CBDT has announced another extension of the due date for filing Income Tax Returns (ITRs) for the Assessment Year (AY) 2025–26.

The APA scheme provides tax certainty by determining the arm’s length price of international transactions in advance for up to five years.

India's direct tax collections grew 16.15% YoY to Rs 25.86 lakh crore in FY 2024-25 (as of March 16), per CBDT data.