New Delhi [India], July 17 (ANI): The Central Board of Direct Taxes (CBDT) said on Friday it issued refunds worth Rs 71,229 crore in more than 21.24 lakh cases till a week ago to help taxpayers with liquidity in the Covid-19 pandemic days.
Mumbai (Maharashtra) [India], June 12 (ANI): India's real and nominal GDP could contract by 4.7 and 3.5 per cent this year due to the Covid-19 crisis, Motilal Oswal Financial Services Ltd (MOFSL) said on Friday.
New Delhi [India], Jan 28 (ANI): Automaker Maruti Suzuki said on Tuesday its profit moved up by 5.1 per cent during the third quarter of current fiscal (Q3 FY20) to Rs 1,565 crore.
New Delhi [India], Jan 6 (ANI): Prime Minister Narendra Modi on Monday expressed confidence that the coming decade will be of Indian entrepreneurs and said that the goal of a $ 5 trillion economy was a step to realise larger dreams.
New Delhi [India], Dec 20 (ANI): In furtherance of its concerted efforts to augment tax collection in the coming four months, the Department of Revenue on Friday conducted here a high-level meeting of senior Income Tax officials to strategise and achieve direct tax collection target of Rs 13
Washington DC [USA], Dec 14 (ANI): NITI Aayog CEO Amitabh Kant on Friday (local time) said India has put out "probably the best" corporate tax regime in the world now and asserted that the country should use the strength of its domestic market as the structural reforms make it the most attra
New Delhi [India], Dec 10 (ANI): Investments in human capital enhance productivity while improvement in productivity creates jobs, Chief Economic Advisor Krishnamurthy Subramanian said on Tuesday.
New Delhi [India], Dec 5 (ANI): Union Finance Minister Nirmala Sitharaman on Thursday said that slashing the rate of corporate tax was a good reform and the NDA government in its second term was seeking to bring better changes in the country.
New Delhi [India], Dec 2 (ANI): Trinamool Congress (TMC) MP Mahua Moitra on Monday said that the Central government's proposed corporate tax cut will only help the profitable become more profitable and will not do anything to revive the struggling economy.
New Delhi [India], Dec 2 (ANI): The Lok Sabha on Monday passed the Bill that provides for inserting a new provision in the Income Tax Act that a company may opt to pay tax at 22 per cent if does not claim any incentive or deduction.
New Delhi [India], Dec 2 (ANI): Leader of Congress in the Lok Sabha Adhir Ranjan Chowdhury on Monday took a dig at Union Finance Minister Nirmala Sitharaman by using the term 'Nirbala' (powerless) to address her.
New Delhi [India], Dec 2 (ANI): Finance Minister Nirmala Sitharaman said on Monday that the government's move to reduce corporate tax has had a "positive impact" and companies wanted to get out of China due to trade war with the US.