You Searched For "direct tax" and got 20 results
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1 min read
Gross direct tax collections rise 30%
Gross direct tax collections till 2022-23 as on September 17 stood at Rs 8.36 lakh crore, witnessin…
1 min read
Direct tax collection grows 23.8% to ₹ 8.98 lakh cr till Oct 8
Direct Tax collection up to October 8 stood at Rs 8.98 lakh crore, which is 23.8 per cent higher th…
1 min read
Pvt companies required to deduct tax at source while issuing bonus or rights shares
The implication of this clarification will be that a company in which public is not substant…
1 min read
Direct tax collections surge 35% but fall short of estimates
Gross direct tax collections stood at Rs 6.48 lakh crore till September 8, which is 35.46 per cent …
1 min read
Direct tax refunds of over ₹1.21 lakh crore issued since April
The Central Board of Direct Taxes (CBDT) has so far issued refunds of over Rs 1.21 lakh crore to ne…
2 mins read
Non-residents will have to pay tax in India if transactions exceed ₹2 crore
Non-residents undertaking transactions with Indian parties will trigger taxability under the domest…
1 min read
India collected ₹9.45 lakh crore in taxes last year — exceeding the government's expectations
The provisional figures of direct tax collections for the financial year 2020-21 showed that net co…
1 min read
India’s ‘Transparent Taxation’ charter — Highlights of Prime Minister Narendra Modi’s speech
“Every law, rule and regulation needs to be changed from being process and power centric approac…
What did the Budget 2021 have in store for tax payers?
What did the Budget 2021 have in store for tax payers?
2 mins read
Pay penalty if you haven't yet filed IT returns, no more extensions now, says India's tax authority
The income tax department had received several representations to further extend dates for fil…
2 mins read
CBDT allows employees to claim exemption on tour conveyance allowance under new tax regime
These include any allowance granted to meet the cost of travel on tour or on transfer, any allow…
PTI
3 mins read
The new deadlines for tax saving investments, income tax returns, and linking PAN with Aadhaar
Amid the uncertainty around the COVID crisis, the government has yet again deferred the deadlines f…
3 mins read
No tax on India's super rich — government issues an inquiry against 50 IRS officers who released the 'FORCE' report
A policy paper suggesting that a wealth tax and a 4% Coronavirus cess should be levied on the super…
1 min read
Lok Sabha passes Direct Tax Vivaad Se Vishwas Bill
Opposition has been protesting over the issue of Delhi violence and demanding an immediate discu…
PTI
2 mins read
All that will be discussed in Lok Sabha today as Parliament reopens— if the uproar against Delhi violence allows
The second phase of the Lok Sabha’s (the lower house of Indian Parliament) Budget Session will begi…
2 mins read
New income tax proposed by a government panel wants a 35% slab, says a report
It also recommended that surcharges should be do…
1 min read
A government taskforce wants to bring more migrant Indians into the tax net
The committee recommended the government to change the residence rule. Currently, an individ…
1 min read
Indian economists tell Finance Minister Nirmala Sitharaman to simplify GST and direct taxes
The economists were optimistic about the India growth story and put forward ways through which …
PTI
2 mins read
Direct taxes in India will be a lot simpler if Nirmala Sitharaman accepts these 3 proposals
The panel has proposed to alter tax brackets, revamp the Income Tax Act and make it tax-payer…
2 mins read
Direct tax treatment for startups should be separate, says a panel appointed by Finance Minister Nirmala Sitharaman
The thrust seems to be in ensuring that there is no direct interface between the taxman and the …