Income Tax Demonetisation
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"Positive Impact Of Notesban": High Growth Rate Highlight Of Tax Report
The Income Tax Department has mopped up over half the kitty of the targeted direct tax revenue for this fiscal -- at more than Rs 6.63 lakh crore -- riding at a record "high growth rate of last seven years" that was also propelled by demonetisation, a latest report of the CBDT has said.
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20,000 Assessees To Face Taxmen's Heat As I-T Department Starts Scrutiny
Over 20,000 tax returns have been selected for detailed scrutiny after their profiles before and after demonetisation did not match
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91 Lakhs? 56 Lakhs? 5.4 Lakhs? Fact-Checking Centre's 'Tax Surge' Claims
To counter increasing evidence that demonetisation may have dented the Indian economy, the government has put out a series of statistics to show that the contentious move to scrap Rs 500 and Rs 1,000 banknotes last November has improved economic health, specifically by expanding India's tax base.
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Income Tax Department Seizes Rs 130 Crore Post Demonetisation
The Income Tax Department has carried out investigations into over 400 cases post-demonetisation seizing as much as Rs 130 crore in cash and jewellery, an official statement said on Tuesday.
-
"Positive Impact Of Notesban": High Growth Rate Highlight Of Tax Report
The Income Tax Department has mopped up over half the kitty of the targeted direct tax revenue for this fiscal -- at more than Rs 6.63 lakh crore -- riding at a record "high growth rate of last seven years" that was also propelled by demonetisation, a latest report of the CBDT has said.
-
20,000 Assessees To Face Taxmen's Heat As I-T Department Starts Scrutiny
Over 20,000 tax returns have been selected for detailed scrutiny after their profiles before and after demonetisation did not match
-
91 Lakhs? 56 Lakhs? 5.4 Lakhs? Fact-Checking Centre's 'Tax Surge' Claims
To counter increasing evidence that demonetisation may have dented the Indian economy, the government has put out a series of statistics to show that the contentious move to scrap Rs 500 and Rs 1,000 banknotes last November has improved economic health, specifically by expanding India's tax base.
-
Income Tax Department Seizes Rs 130 Crore Post Demonetisation
The Income Tax Department has carried out investigations into over 400 cases post-demonetisation seizing as much as Rs 130 crore in cash and jewellery, an official statement said on Tuesday.
