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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

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CAG 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.

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Fine 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.

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Direct 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

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Govt 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

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Budget 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

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Government'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

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Possible 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

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Equalization 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

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