Magzter GOLD ile Sınırsız Olun

Magzter GOLD ile Sınırsız Olun

Sadece 9.000'den fazla dergi, gazete ve Premium hikayeye sınırsız erişim elde edin

$149.99
 
$74.99/Yıl

Denemek ALTIN - Özgür

No new tax search power, SoP soon: CBDT

Mint Hyderabad

|

August 26, 2025

The move comes amid concerns from tax professionals over the law's wording on digital access

- Gireesh Chandra Prasad

The Central Board of Direct Taxes (CBDT) will issue a standard operating procedure (SoP) on search and seizure provisions under the new Income Tax Act, 2025, to guide officials on handling digital records of assessees and ensure consistent application, board member (legislation) Ramesh Narain Parbat told Mint. The new tax law will come into effect in April.

The development comes amid tax professionals' concern over the law's wording on digital access.

Parbat said tax officials have not been given any new powers; the provisions merely make the existing ones clear and explicitly spelt out.

The department will issue an SoP for handling digital data, he said to a query on the safeguards needed for officials to get assessees' digital data.

Mint Hyderabad'den DAHA FAZLA HİKAYE

Mint Hyderabad

Do tariffs work?

With trade tensions between the US and China flaring up again, the spotlight is on how their game of mutually assured disruption plays out.

time to read

1 min

October 22, 2025

Mint Hyderabad

Mint Hyderabad

Keppel buys 49% in Cleantech, takes control

cation,” a Shell spokesperson said in an emailed response.

time to read

1 mins

October 22, 2025

Mint Hyderabad

CCI clears Torrent's JB stake buy proposal

Fair trade regulator Competition Commission of India (CCI) on Tuesday cleared Torrent Pharmaceuticals Ltd's proposed acquisition of a stake in JB Chemicals and Pharmaceuticals, subject to voluntary modifications offered by the companies.

time to read

1 min

October 22, 2025

Mint Hyderabad

'Balanced India-US portfolios fared better'

Saurabh Mukherjea has a simple message for investors in Indian equities: it's time to look beyond. The chief investment officer and co-founder of Marcellus Investment Managers believes that with jobs in India drying up due to the US tariffs, consumption slowdown and tepid corporate earnings, it “will be tough for a market already trading at record-high valuations to move any further”.

time to read

2 mins

October 22, 2025

Mint Hyderabad

Mint Hyderabad

NITI Aayog proposes new panel to supercharge net-zero push

India’s top government think-tank has called for setting up a panel to guide policy and coordinate multi-ministry efforts on climate action and energy transition, two people aware of the development said.

time to read

1 mins

October 22, 2025

Mint Hyderabad

Mint Hyderabad

The Jio tariff hike everyone expected isn't coming—yet

The company has instead chosen to grow revenue by driving users to consume more data

time to read

2 mins

October 22, 2025

Mint Hyderabad

Reliance seeks to buy Middle East oil

Reliance Industries Ltd bought Middle Eastern crudes last week and may place more orders, ina sign that Western pressure against Russian flows may be starting to impact its procurement patterns.

time to read

1 min

October 22, 2025

Mint Hyderabad

Deloitte's AI debacle in Australia isa warning for all early adopters

That a report riddled with AI hallucinations was sent to a government should be a wake-up call

time to read

3 mins

October 22, 2025

Mint Hyderabad

Jio-BP’s Q2 petrol, diesel sales up 34%

Jio-BP, the fuel retailing joint venture of Reliance Industries and super major BP, clocked a 34% rise in petrol and diesel sales in the September quarter as the joint venture aggressively expands its retail network.

time to read

1 min

October 22, 2025

Mint Hyderabad

Recent Nobel prizes for economics seem rich in irony

This year’s Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel was awarded “for having explained innovation-driven economic growth,” with one half to Joel Mokyr “for having identified the prerequisites for sustained growth through technological progress” and the other half jointly to Philippe Aghion and Peter Howitt “for the theory of sustained growth through creative destruction.”

time to read

3 mins

October 22, 2025

Listen

Translate

Share

-
+

Change font size