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Latest Articles in direct taxes
Tax Collections Touched ₹ 27.07 Lakh Crore In 2021-22: Revenue Secretary
Tax collections touched a record high of ₹ 27.07 lakh crore in 2021-22 as mop-up from income and other direct taxes as well as indirect taxes jumped
Read MoreCAG Presents Compliance Audit Report On Direct Taxes In Parliament
"The number of non-corporate assessees increased from 6.20 crore in FY 2018-19 to 6.39 crore in FY 2019-20, registering an increase of 3.16 per cent. The number of corporate assessees decreased from 8.46 lakh in FY 2018-19 to 8.38 lakh in FY 2019-20, registering a decrease of 0.9 per cent," according to the report.
Read MoreFine Balance Of Prudence And Populism
Over the next decade the country has a breakthrough opportunity to unshackle itself from the chains that have bound it, economically and socially, for far too long.
Read MoreDirect Tax Collections Jump 16% To Rs 3.86 Lakh Cr In Apr-Sep
The net direct tax collections constitute 39.4 per cent of the total budget estimate of direct taxes at Rs 9.8 lakh crore for the current fiscal
Read MoreGovt Exceeds FY17 Tax Collection Target At Rs 17.10 Lakh Crore
The government has exceeded the tax collection estimates for 2016-17 fiscal at Rs 17.10 lakh crore. The revised estimates provided in Budget on February 1 had projected tax collections of Rs 16.97 lakh crore
Read MoreBudget 2017 To Make Sweeping Recast Of Direct Taxes, Says SBI Research
The government is likely to make sweeping recast of direct taxes in the ensuing Budget to give a boost to the economy following demonetisation, says a report
Read MoreGovernment's Direct Tax Kitty Swells To Rs 5.57 Lakh Crore In April-December
The government's direct tax kitty has swelled to Rs 5.57 lakh crore between April 1 and December 19, thereby achieving 65 per cent of budget estimates
Read MorePossible To Slash Tax Rates If All Pay Taxes: Piyush Goyal
The Power Minister said if all of us pay our taxes, then there is a possibility of reducing tax rates. It will benefit all of us
Read MoreEqualization Levy: A Step Into Uncharted Territories
Equalization levy will be charged at the rate of 6 per cent of the amount of consideration for 'specified services' received by a non-resident not having a permanent establishment in India
Read More