corporate tax
LTCG tax, other Budget proposals to kick in from April 1
Presently, no tax is applicable on Rs 19,200 of transport allowance and medical expenditure of up to Rs 15,000.
I-T Department publicly names defaulters owing Rs 490 cr taxes
Some of the defaulters on the list have not paid their taxes for the assessment year 1989-90.
Direct tax collection rises 19.5 per cent in February
The growth rate for net corporate tax collections stood at 19.7 per cent while for personal income tax is 18.6 per cent.
Direct tax collection rises 19.5 pc to Rs 7.44 lakh cr in April-Feb
Net direct tax collection represents 74.3 pc of Rs 10.05 lakh cr as per revised estimates given in Union Budget 2018-19.
RBI still remains cautious
The good news is that private investment is picking up after languishing for nearly two years.
No 25 per cent tax for big firms soon, hints Arun Jaitley
Jaitley also said the states are not in favour of including petrol and diesel into GST at the moment.
Big corporates cry foul over no tax relief in budget 2018
Jaitley in budget for 2018-19 announced lowering of corporate tax rate to 25 pc for businesses with a turnover of up to Rs 250 cr.
‘PPP will improve rural healthcare’
Experts said that a dedicated fund for affordable housing would bring in more homes at rural areas.
Ficci urges govt to bring down corporate tax to 28 pc in Budget
Government is scheduled to come out with the Budget for 2018-19 on February 1.
Direct tax collections rise 15.8 per cent to Rs 3.86 lakh crore in September
CBDT reveals growth in personal income tax, PIT, advance tax is 30.1 per cent.