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Opinion | Why Over Half Of All Income Tax Filings In India Are Zero-Tax
In terms of value, 84% of corporate filers contributed almost nothing to the total corporate tax collections of Rs. 7.16 lakh crore in the assessment year 2023-24.
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8-9 Lakh Registered Firms Potential Source Of Money Laundering: Government
Nearly nine lakh registered companies in India are not filing annual tax returns with the Ministry of Corporate Affairs (MCA) and are a potential source of money laundering, Revenue Secretary Hasmukh Adhia said today. Speaking at the Enforcement Day event in New Delhi, Mr Adhia said the task force set up by the Prime Minister's Office is monitoring...
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Opinion | Why Over Half Of All Income Tax Filings In India Are Zero-Tax
In terms of value, 84% of corporate filers contributed almost nothing to the total corporate tax collections of Rs. 7.16 lakh crore in the assessment year 2023-24.
-
8-9 Lakh Registered Firms Potential Source Of Money Laundering: Government
Nearly nine lakh registered companies in India are not filing annual tax returns with the Ministry of Corporate Affairs (MCA) and are a potential source of money laundering, Revenue Secretary Hasmukh Adhia said today. Speaking at the Enforcement Day event in New Delhi, Mr Adhia said the task force set up by the Prime Minister's Office is monitoring...
