India Direct Tax
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Direct Tax Collections Surge 22.5%. Here's How It Will Help The Economy
India's net direct tax collection surged by 22.5 per cent to Rs 6.93 lakh crore during the current financial year so far (April 1 to August 11) which is expected to keep the country firmly on the path of fiscal consolidation.
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Direct Tax Collection Surges 20% To Rs 5.74 Lakh Crore In 2024-25 So Far
India's net direct tax collection posted a robust 19.5% growth to Rs 5.74 lakh crore as on till July 11 of the current financial year compared to the same period of the previous year, according to the Income Tax Department.
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Faceless Assessment In PM Modi's Big New Push For Tax Reforms: 10 Points
Prime Minister Narendra Modi announced key tax reforms amid the coronavirus pandemic. The new platform "Transparent Taxation - Honouring the Honest" carries forward the journey of direct tax reforms in India, such as "faceless appeals" where taxpayers don't have to visit offices to rectify errors. Finance Minister Nirmala Sitharaman, who also atten...
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Govt to table Direct Tax Code bill in Parliament on Monday
The government will table the much-awaited Direct Taxes Code (DTC) Bill in the Lok Sabha on Monday, that is expected to provide relief to income tax payers, both personal and corporate.The government is quite confident of replacing archaic Income Tax Act with DTC from April 1, 2011.Finance Minister Pranab Mukherjee has said he would announce the sl...
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Direct Tax Collections Surge 22.5%. Here's How It Will Help The Economy
India's net direct tax collection surged by 22.5 per cent to Rs 6.93 lakh crore during the current financial year so far (April 1 to August 11) which is expected to keep the country firmly on the path of fiscal consolidation.
-
Direct Tax Collection Surges 20% To Rs 5.74 Lakh Crore In 2024-25 So Far
India's net direct tax collection posted a robust 19.5% growth to Rs 5.74 lakh crore as on till July 11 of the current financial year compared to the same period of the previous year, according to the Income Tax Department.
-
Faceless Assessment In PM Modi's Big New Push For Tax Reforms: 10 Points
Prime Minister Narendra Modi announced key tax reforms amid the coronavirus pandemic. The new platform "Transparent Taxation - Honouring the Honest" carries forward the journey of direct tax reforms in India, such as "faceless appeals" where taxpayers don't have to visit offices to rectify errors. Finance Minister Nirmala Sitharaman, who also atten...
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Govt to table Direct Tax Code bill in Parliament on Monday
The government will table the much-awaited Direct Taxes Code (DTC) Bill in the Lok Sabha on Monday, that is expected to provide relief to income tax payers, both personal and corporate.The government is quite confident of replacing archaic Income Tax Act with DTC from April 1, 2011.Finance Minister Pranab Mukherjee has said he would announce the sl...
