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India's Tax collection is one of the highest, reduce direct tax to 25% from 40%: Surjit Bhalla

An eminent economist, Surjit Bhalla said that even if India is not the richest country in the world, the tax collection here is one of the highest and the income tax rate should be reduced to 25% from around 40% at ...

Concessional Corporate Tax Rate: Government Wants Private Cos To Set Up New Manufacturing Units Fast

The government wants new domestic companies to set up their manufacturing units in India fast and hence the concessional tax rate of 15 per cent has been extended by a year till March 2024, Revenue Secretary Tarun Bajaj said on Friday. ...

Old And New Taxation Regime: Tax Slabs And Rates For AY 2021-22

The new financial year has already begun and for the past financial year, the due date to file ITR for salaried class is July 31, unless otherwise extended due to coronavirus. Now as you would be beginning to compile all ...

Why Foreign Portfolio Investors Are Selling Indian Stocks?

Indian markets have come-off a great deal in the last few weeks, since the announcement of the Union Budget 2019. Selling by Foreign Portfolio Investors (FPI) has been one of the prime reasons for the fall. Since July 1, 2019, Foreign ...