Robust tax mop-up limits fiscal deficit to 50% of FY24 goal
The central government’s fiscal deficit stood comfortably at ₹9 trillion in the April to November period, about half of the estimated […]
News
News
Income Tax, News
Tax collection on course to grow 3 times to over ₹19 lakh crore in 10 years of Modi Government
Personal income and corporate tax collections are likely to rise to more than ₹19 lakh crore in 10 years of Prime Minister Narendra
News
Supreme Court sets new record by disposing of over 52,000 cases in 2023
With Chief Justice of India D.Y. Chandrachud at the helm, the Supreme Court has managed to break its 2019 record
News
Supreme Court sets new record by disposing of over 52,000 cases in 2023
With Chief Justice of India D.Y. Chandrachud at the helm, the Supreme Court has managed to break its 2019 record
Customs, News, Notification And Circular, Notification and Circular
Amnesty Scheme for Customs; Industry Calls for Amnesty Scheme in Interim Budget to Resolve Customs Law Disputes
Industry players have urged the government to introduce an amnesty scheme to resolve long-standing disputes under the Customs laws in
Income Tax, News
Income Tax Department Utilizes AI Technology to Recover Rs 36,000 Crores, Aiming for Rs 50,000 Crores by March 2024
The use of data analytics and advanced technology has helped the income tax department recover ₹36,000 crore from outstanding tax
Income Tax, News
Important clarification issued Income Tax Department on Sending Notices to Taxpayers who already filed Income Tax Returns
The Income Tax Department issued a clarification on ‘X’ (formerly known as Twitter), regarding the notices sent to persons who
Income Tax, News
Important clarification issued Income Tax Department on Sending Notices to Taxpayers who already filed Income Tax Returns
The Income Tax Department issued a clarification on ‘X’ (formerly known as Twitter), regarding the notices sent to persons who
Income Tax, News
Important clarification issued Income Tax Department on Sending Notices to Taxpayers who already filed Income Tax Returns
The Income Tax Department issued a clarification on ‘X’ (formerly known as Twitter), regarding the notices sent to persons who
Income Tax, News
Income Tax Dept uses fine-tooth comb to nab both employers & employees for TDS-claims mismatch
A mismatch between what an employer computes and what an employee claims can drag both under the taxman’s glare. The