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1 Crore New Income Tax Return Filers Added In 2017-18
In the year 2017-18, nearly one crore new tax filers joined the system. The income tax dept reported a 26% surge in income tax returns filed for the year with filing of 6.8 crore ITRs as against 5.4 crores in the ...
Crore New Income Tax Return Filers Added 2017
Direct Tax Base Expands To 8 Crore Taxpayers
CBDT Chairman Sushil Chandra on the sidelines of an event organized by Assocham said, "In direct taxes, lots of reforms have been done and we have consolidated direct tax reforms. Taxpayers net has gone up. We have added large number ...
Direct Tax Base Expands 8 Crore Taxpayers
Direct Tax Collection Grew By 18.2% In April-December
During April-December of the current financial year 2017-18, direct tax collection by the government grew by 18.2% at Rs. 6.56 lakh crore. The finance ministry in a statement said that the provisional numbers point at an increase in direct tax ...
Arun Jaitley Cites Higher Tax Mop Up To Dismiss Economic Slowdown Fears
Dismissing concerns of slowdown due to demonetization, Finance Minister Arun Jaitley today said both direct and indirect tax collections have shown a robust increase during the April-December period, indicating an uptick in economic activity including manufacturing. He told PTI that direct ...
Arun Jaitley Cites Higher Tax Mop Up Dismiss Economic Slowdown Fears
CBDT Extends Deadline For Tax Settlement Scheme Till January 31
Giving companies like Vodafone and Cairn Energy one more month to accept its offer to settle retro tax disputes, the government has extended until January 31 its one-time tax dispute resolution scheme. The Direct Tax Dispute Resolution Scheme, announced by Finance ...
Tax Structure In India: Interesting Facts
"Taxes and death" is the only certainty. Take a look at this interesting article and you would realize, why the statement is so appropriate. We have just restricted to a few taxes and have ignored so many others.  1) What ...
Tax Structure India Interesting Facts
How To Pay Income Tax And Direct Taxes Online?
Tax payers can make online payment of income tax and other direct taxes applicable by using e-payment facility where income tax payments can be made through internet, using net-banking facility. To avail of this facility the taxpayer is required to have a net-banking ...
Direct Tax Collections Up 11.38 Per cent in April-Jan
Gross direct tax collection during April-January of the Financial Year 2014-15 is up by 11.38 percent at Rs. 5,78,715 crore as against Rs. 5,19,588 crore collected during the same period last year. Gross collection of Corporate tax has shown an ...
Direct Tax Collections Up 11 38 Per Cent April Jan
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