India's Apr-Nov net direct tax collection rises 15.4% to ₹12.1 lakh cr
The securities transaction tax rose 90% to ₹35,923 crore as of November 10, 2024, up from ₹18,909 crore during the same period last year.
The securities transaction tax rose 90% to ₹35,923 crore as of November 10, 2024, up from ₹18,909 crore during the same period last year.
Bollywood superstar Shah Rukh Khan has topped the list of celebrity tax payers, followed by Tamil actor Thalapathy Vijay.
Personal income tax (PIT) showed stronger growth than corporate tax, with net PIT reaching ₹4.47 lakh crore compared to ₹3.44 lakh crore
Hero MotoCorp had filed an appeal against the income tax demand which pertained to re-assessment proceedings.
Sharma says this will not only limit the fiscal exposure of the government but will also bring confidence of the private sector in market mechanisms for investing in infrastructure.
With this background, the decision of the Indian Government to not extend the concessional tax regime for newly set up manufacturing companies was a major setback.
How differences lead to disputes lasting years.
The government should tweak the tax rate on interest earned from fixed deposits, says SBI's group chief economic adviser
The seventh Deloitte survey on GST showed that 84% of the respondents assumed a positive outlook towards GST.
Gross tax collections recorded a growth of 22.19% year-on-year to ₹5.15 lakh crore from April 1 to June 17 in the financial year 2024-25.