Tax revenue grew 34% to Rs 27.07 lakh crore in FY12; Tax-GDP ratio highest in 2 decades

Image Source: File Photo Tax revenue grew 34% to Rs 27.07 lakh crore in FY12; Tax-GDP…

Tax collection registers an increase of Rs 27.07 lakh crore in FY 2012

Gross tax collection of Rs 27.07 lakh crore during April 2021 to March 2022 Direct taxes…

India on the cusp of a huge recovery; Will continue to be the fastest growing economy: NITI VC

NITI Aayog Vice Chairman Rajiv Kumar said India is on the cusp of a major economic…

Income Tax Department has collected highest tax in its history: CBDT Chairman

new Delhi: CBDT Chairman JB Mohapatra on Thursday said the Income Tax Department has made the…

Direct and Indirect Taxes: What’s the Difference? Explanation of tax provisions in Union Budget 2022

New Delhi: In her fourth Union Budget, Finance Minister Nirmala Sitharaman shunned new taxes, even as…

Budget session 2022-23 starts from today. Check Full Schedule

Image Source: PTI A total of 29 sittings will be held during the entire budget session,…

Direct tax collection up 40% in FY12 till mid-December – Times of India

New Delhi: direct tax Collections have jumped over 40% to close to Rs 9.5 lakh crore…

Net direct tax collection so far this fiscal soars 74% to Rs 5.70 lakh crore – Times of India

New Delhi: Net personal income and corporate tax collection so far this fiscal has grown by…

CBDT amended the Income Tax Rules 1962. EVC can be used to authenticate electronic records

New Delhi: The Central Board of Direct Taxes (CBDT) has amended the Income Tax Rules, 1962…