direct tax
Gross direct tax collection rises by 5 per cent till Nov: Sitharaman
The main objective of the reduction in corporate tax was aimed at attracting fresh investment in the manufacturing sector.
Tax force on direct taxes gets more time to submit report
The government has allowed the task force to submit its report by 16th of August 2019.
Direct tax mop-up may fall short of Rs 50,000 cr in FY'19, says official
The shortfall in direct tax mop-up coupled with lower GST realisation may have implications on fiscal deficit.
Direct tax collection falls short, CBDT raises alarm
CBDT frames policy for the I-T dept and is also its controlling authority that functions from the North Block in the Finance Ministry.
Net direct tax collection crosses Rs 10 lakh crore mark
Tax collection during April-January of this fiscal stood at Rs 7.89 lakh crore as against Rs 12 lakh crore targeted for 2018-19.
Govt banking on advance tax collection to meet direct tax target of Rs 12 lakh cr
Government had earlier estimated Rs 11.5 lakh crore mop-up from direct tax collection.
Govt approves Adani Power's Rs 14,000-cr J'khand SEZ project
The project was approved by highest decision making body on SEZ - Board of Approval - chaired by the commerce secretary.
New CBDT boss asks I-T dept to maximise revenue collection, get more taxpayers
Tax department has been given a target in Union budget to collect Rs 11.5 lakh cr revenue under the direct taxes category.
Panel to overhaul direct tax law seeks 3 months extension
The panel was initially supposed to submit its report to the government, within 6 months, by May 22, 2018.
IT e-returns witnesses rapid growth than the taxpayer base
The growth track in direct tax collected approximately echoes the growth in influential taxpayer base, rather than the returns filed.