Net Direct Tax Collection Rises 11% To Rs 3.80 Lakh Cr Till June 17
New Delhi- Net direct tax collection till June 17 this fiscal rose by 11.18 per cent to Rs 3.80 lakh crore on higher advance...
I-T Dept Tweaks Disclosure Norms For Charitable Institutions
NEW DELHI- The income tax department has tweaked disclosure norms for charitable institutions claiming I-T exemption by seeking additional details.
As per amendments to the...
GST Council Likely To Define MUVs And XUVs For Levy Of 22% Cess
New Delhi- The GST Council is likely to clarify on the definition of multi utility vehicles (MUVs) and crossover utility vehicles (XUVs) for levy...
I-T Dept Asks Taxpayers To Respond To Intimation Of Past Tax Demands For Faster...
New Delhi- The income tax department on Saturday asked taxpayers to respond to intimation from the I-T department regarding outstanding demands of previous years...
Govt Cuts Import Duty On Refined Soybean & Sunflower Oils To 12.5%
New Delhi- The government has reduced the import duty on refined soybean and sunflower oils to 12.5 per cent from 17.5 per cent with...
Pay Taxes On Time To Make India Third-Largest Economy In World: IT Official
Itanagar- Principal Chief Commissioner of Income Tax (NER) Chaitali Panmei on Friday called upon people to pay taxes on time to help India become...
Centre To Soon Notify Rules For Setting Up GST Appellate Tribunals
New Delhi- The Centre will soon notify rules for setting up GST appellate tribunals and appoint members after approval from the GST Council, a...
Net Direct Tax Mop-Up Grows 16%To Rs 4.75 Lakh Crore So Far This Fiscal
New Delhi- Net direct tax kitty swelled 16 per cent to Rs 4.75 lakh crore so far this fiscal, a reflection of economic activity...
J&K Registers Record Rs 588.68 Cr GST Revenue In June 2023
Srinagar- The Union Territory of Jammu and Kashmir has registered substantial growth of 58 percent in GST revenue collected in the month of June...
CBDT Says Over 6 Crore ITR Filings Processed For Assessment Year 2023-24
New Delhi- As many as 6.98 crore tax returns have been filed for income earned in 2022-23 fiscal and out of them, more than...