Search For "corporate tax"
India's net direct tax collections up by 18.35 pc to almost Rs 11.26 lakh
Updated : 1 year, 5 months ago IST
India's net direct tax collection for the financial year 2024-25 has seen a significant surge, with an increase of 18.35 per cent to almost Rs 11.26 lakh crore year on year, as of 10 October, the data from the Central Board of Direct Taxes (CBDT) shows.
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Direct tax collection soars, gross collections surge by 21% to reach at Rs
Updated : 1 year, 6 months ago IST
India's direct tax net collection for the financial year 2024-25 has seen a significant surge, with an increase of 21.48 per cent as of 17 September this year, the data from the Central Board of Direct Taxes (CBDT) shows.
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First 100 days of Modi 3.0 - A broad outlook
Updated : 1 year, 6 months ago IST
Centre has cleared and approved projects worth Rs 3 lakh crore in 100 days with primary focus on roads, railways, ports, and airways.
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UAE: Federal Tax Authority organises 40 events in six months to raise awar
Updated : 1 year, 7 months ago IST
In a press release issued today, the FTA revealed that the number of participants joining Corporate Tax awareness activities increased to 8,220 in-person and virtual attendees across all emirates in the first six months of 2024, compared to 7,520 participants in the same period of 2023, mark
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PM Modi asks Industry to compete with the government in creating jobs and
Updated : 1 year, 8 months ago IST
Addressing the leaders of Indian Industry PM Narendra Modi highlighted the achievements of his government over the last ten years. Modi said India is currently the world's fastest-growing major economy and in the last ten years' the country's budget has increased three times to Rs 48 lakh
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UKIBC welcomes corporate tax cut for foreign companies from 40 PC to 35 pc
Updated : 1 year, 8 months ago IST
According to a press release, the council also expressed anticipation for the detailed announcements on foreign direct investment (FDI) that are expected to be finalized and published soon.
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Income tax-biggest revenue category; corporate tax now behind even GST: An
Updated : 1 year, 8 months ago IST
Personal income tax now accounts for nearly 30 per cent of gross tax collection, emerging as the government's largest resource mobiliser.
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Middle class bearing more weight of heavy taxation than corporates: Jairam
Updated : 1 year, 8 months ago IST
He also criticised the 2019 move of the Centre to reduce corporate tax rates and said that it didn't trigger private investment as was being anticipated, instead private investment has fallen from 35 per cent under UPA rule to under 29 per cent today.
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Robust net direct tax collection in FY25, (upto July 11) up 19.54 per cent
Updated : 1 year, 8 months ago IST
The net direct tax collection of the government registered a significant growth of 19.54 per cent in financial year 2024-25, amounting to Rs 5,74,357 crore by July 11, highlighted the data by the income tax department.
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US-India Tax Forum seeks tax parity, duty relaxation on exports to India
Updated : 1 year, 8 months ago IST
The US-India Tax Forum has submitted its recommendations on tax amendments for the Union Budget 2024-25, to be presented by the Union Minister for Finance and Corporate Affairs, Nirmala Sitharaman, on July 23. The Tax Forum said it was recently invited to present industry recommendations on
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The government will continue on the path to fiscal consolidation in FY25:
Updated : 1 year, 8 months ago IST
The SBI report adds that the various avenues of income for the government such as corporate tax, income tax, customs duty, excise duty, Goods and Services Tax, Net tax revenue, and non-tax revenue have shown a better than estimated revenue collections not only in FY24 but also in the first t
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Comprehensive Guide to Corporate Tax Registration and Filing in the UAE
Updated : 2 years, 1 month ago IST
Abu Dhabi [UAE], February 15: The United Arab Emirates (UAE) introduced a federal corporate tax law which came to effect on 1st June 2023. It applies to all businesses operating in the country, with some exceptions. The corporate tax rate is 9 per cent on taxable income exceeding AED 375,000
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