Income tax collection
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December 04, 2020, Friday
Fall in direct tax mop-up slows in November on better economic movements
Personal income tax saw contraction shrink to 13 per cent by November from 22 per cent seen up to September, on the back of lower ...
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October 06, 2020, Tuesday
Lower tax collected at source rate on funds remitted for education
But a higher rate will be levied if PAN isn't furnished
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April 26, 2020, Sunday
Covid-19: Taxmen suggest 40% tax on super-rich, higher levy on foreign cos
The suggestions are part of a paper titled 'Force', which stands for 'Fiscal Options & Response to the COVID-19 Epidemic'
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April 19, 2020, Sunday
ITR forms being revised for benefits of timeline extension, says CBDT
Once the revised forms are notified, it will further necessitate the consequential changes in the software and return filing ...
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February 26, 2020, Wednesday
Modi govt launches sixth tax amnesty despite muted show by earlier schemes
Collection goal of Rs 9.32 trn under Vivad Se Vishwas seems a tall order, given that the most successful scheme so far has ...
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December 21, 2019, Saturday
Budget should look to push rural demand, not reduce I-T rate: Economists
Ajit Ranade, chief economist at Aditya Birla Group, said, "I don't think a cut in the personal income tax is a good thing to do ...
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December 17, 2019, Tuesday
Amid falling collections, FinMin sets Rs 1.1 trillion monthly GST target
Revenue Secretary Ajay Bhushan Pandey had a video conference meeting with top tax officials and impressed upon them to step up ...
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October 30, 2019, Wednesday
Govt unlikely to cut income-tax rate amid economic slowdown, fiscal stress
The government last fiscal missed its direct tax collection target, and for this financial year it has set a higher revenue ...
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September 19, 2019, Thursday
Advance tax mop-up posts dismal growth, rises by just 6% in H1FY20
Direct tax collection needs to grow by about 27% from here on to meet FY20 Budget target
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September 18, 2019, Wednesday
Tax collection misses target by a wide margin; inches up 4.7% in Apr-Sep
Of the Rs 5.50 trillion collections, advance tax rose a tepid 7.3 per cent to Rs 2.20 trillion from Rs 2.05 crore, sources said
