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Higher Q1 Tax Mop-Up Shows Economy on Recovery Path: Government
Increased tax collection in the first quarter this fiscal shows that the economy is on the recovery path, Minister of State for Finance Pankaj Chaudhary said on Tuesday. Net direct tax collection in the April-June quarter of the current fiscal is ...
Higher Q1 Tax Mop Up Shows Economy On Recovery Path Government

Understanding 5 Heads of Income For Income Tax Computation
Individuals can have multiple sources of income, according to Section 14 of the Income Tax Act of 1961. The computation of income tax is an important aspect that must be done according to a person's income. For a simple calculation, the ...
Understanding 5 Heads Of Income For Income Tax Computation
Compete on economic strengths rather than low tax rates: Yellen
US Treasury Secretary Janet Yellen said Sunday that deterring the use of tax havens will let countries compete on economic fundamentals - instead of by offering ever-lower tax rates that deprive governments of money for infrastructure and education. Yellen spoke after ...
Compete On Economic Strengths Rather Than Low Tax Rates Yellen
Partnership Company Taxation: CBDT Issues Latest Rules In India
In accordance with Section 9B and Subsection (4) of Section 45 of the Income-tax Act of 1961, the Central Board of Direct Taxes (CBDT) established instructions for taxing partnership firms on their reconstitution. After the Finance Act of 2021 added a ...
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