You Searched For "direct tax collection" and got 14 results
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6 mins read
A Deposit Dilemma — What's the fuss about a crisis in Indian bank deposits? Are mutual fund investments to blame?
The growth rate of bank deposits in India has been slowing, largely outpaced by credit growth. But …
2 mins read
New Vivad Se Vishwas 2.0 tax resolution scheme to start on Oct 1 — what you need to know
The government has set October 1, 2024, as the launch date for Vivad Se Vishwas 2.0 to address dire…
2 mins read
Comprehensive review of the IT Act imminent in 6 months, notes revenue secretary
Malhotra explained the government's rationale behind this proviso, noting that buyback does not f…
1 min read
Provisions of TDS/TCS, in case of death of deductee or collectee relaxed by govt
On April 23, 2024, CBDT extended the date for linking of PAN and Aadhaar May for the taxpayers (for…
ANI
7 mins read
My family bought a vacation home in Lake Tahoe for $113,000. A new tax could push us out.
My family's cabin in South Lake Tahoe changed our lives. A vacation homes tax to make living there …
Amanda Yen
1 min read
Direct Tax Collections (FY 2022-23) records growth at ₹15.67 lakh cr
Direct Tax collections up to February 10 showed that gross collections are at ₹15.67 lakh crore …
4 mins read
Trump's plan to scrap taxes on tips and overtime could reshape how millions of Americans get paid
Tax proposals from Trump and Harris could incentivize businesses to twist the definition of a tip a…
Ayelet Sheffey
1 min read
Direct tax collections rise 31% to ₹10.54 lakh crore in FY23 so far
Direct tax collections, up to November 10, stood at Rs 10.54 lakh crore, 30.69 per cent higher than…
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 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 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…
2 mins read
Onus of deducting TCS on standalone overseas hotel bookings should be on banks: MakeMyTrip
MakeMyTrip, an online travel service provider, believes that banks should be responsible for deduct…
PTI
2 mins read
Income Tax dept selects 68,000 high-value transaction cases for e-verification
CBDT chief Gupta said that the I-T department had taken several progressive steps to encourage volu…
ANI
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…