The government has asked all departments to restrict the expenses to 25 per cent of the Budget Estimate (BE) in January-March
In addition, adverse verification reports have been received in the case of 399 exporters, which also include 4 'star exporters'
What I say now will be quite unpopular to the existing officers of the department. But truth be told, this is also a highly rotten system
Despite a cut in the income tax collection target in the full Budget compared to the interim Budget projections, the target is far from realistic
"The scheme is being planned to check tax evasion. Informers will be rewarded for providing specific clues regarding violation of GST laws," says the official
it said relentless crusade against black money will be further intensified in the coming days
The revenue department has lowered the corporate tax rates to 25% for new manufacturing companies