Tag: Tax

Net Direct Tax Collection Rises By 160% To Rs 16,63,686 Crore In 10 Years

New Delhi, NFAPost: Central Board of Direct Taxes, on Tuesday, released a…

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Biz With Rs 100 Crore Turnover Will Have 30 Days To Upload Invoices From November 1

Large businesses with turnover of Rs 100 crore and above will have…

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Overseas Gamers Too Will Have To Pay 28% GST On Domestic E-gaming Platforms

Domestic online gaming companies will be required to deduct 28 per cent…

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Govt Lost Rs 1 Trillion In Taxes In FY21 Due To Corporate Tax Cut: MoS Fin

The government lost a little over Rs 1 trn in 2020-21 on…

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Over 750,000 HUFs Claimed Rs 3,803 Crore Tax Deductions In 2022-23: FinMin

Currently, a debate is going on about the status of the HUFs,…

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CBDT To Keep Close Tabs On IVF Clinics, Hotels, Others To Add New Filers

According to the I-T department, there is inadequate matching of transactions with…

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India’s Net Direct Tax Mop-up Rises 11% To Rs 3.8 Trillion Till June 17

The Advance Tax collections for the April-June quarter of 2023-24 stood at…

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Govt Transfers Rs 1.18 Trillion As Third Instalment Of Tax Devolution To States

The size of the instalment to the states is also a reflection…

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Govt Receives Rs 20,97,368 Crore Tax Revenue In FY23, Reveals Data

Out of the total revenue, Rs 20,97,368 crore is tax revenue (net…

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UAE To Introduce Corporate Tax From 1st June ’23

Dubai, NFAPost: The UAE authorities have announced the introduction of corporate tax…

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