Income tax collection
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June 08, 2022, Wednesday
When every Indian pays tax, I-T officers may not be needed: Minister
The number of taxpayers in the country has increased in the last eight years, says Jitendra Singh
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June 01, 2022, Wednesday
Govt leans heavily on nominal revenue growth to beat fiscal blues
If the burden does hit Rs 2.5 trillion, that would mean extra spending of around Rs 35,000 crore
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April 08, 2022, Friday
India's tax collections soar to record high of Rs 27.07 trillion in FY22
Direct taxes, which comprise income tax paid by individuals and corporate tax, came in at Rs 14.10 lakh crore -- Rs 3.02 lakh ...
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March 19, 2022, Saturday
I-T Dept reforms, stronger economy led to record tax collections: CBDT
Reforms undertaken within the Income Tax department and the "strengthening" of the economy are among the major factors that led ...
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March 17, 2022, Thursday
I-T dept has made highest tax collection in its history: CBDT Chairman
The net collection numbers as on today is Rs 13.63 trn which is against Rs 11.18 trn of 2018-19, Rs 10.28 trn of 2019-20 and Rs ...
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March 10, 2022, Thursday
Income tax refunds of over Rs 1.83 trn issued so far this fiscal: CBDT
Refunds worth over Rs 1.86 trillion have been issued to more than 2.14 crore taxpayers during the current financial year, the ...
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March 02, 2022, Wednesday
Income tax refunds of over Rs 1.83 trn issued so far this fiscal: I-T Dept
"CBDT issues refunds of over Rs 1,83,579 crore to more than 2.09 crore taxpayers from 1st Apr, 2021 to 28th Feb, 2022," the I-T ...
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February 16, 2022, Wednesday
Of 62.6 mn income tax returns filed for FY21, 45 mn processed, says CBDT
More than 5.41 crore income tax returns (ITRs) filed have been verified and 1.58 crore refunds amounting to Rs 31,857 crore for ...
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February 11, 2022, Friday
Taxing income doesn't give cryptos legitimacy: FM Sitharaman
'I am not going to legalise it or ban it at this stage. Banning or not banning will come subsequently, when consultations give me ...
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February 09, 2022, Wednesday
Taxpayers can update ITRs only once in an assessment year: Official
To correct any discrepancy or omissions, the Budget 2022-23 has permitted taxpayers to update their ITRs within two years of ...