Search For "direct tax"
Net direct tax collections rise about 20.7% so far in 2023-24
Updated : 2 years, 3 months ago IST
A total of Rs 13.7 lakh crore worth direct taxes (net) have been collected so far in the current financial year 2023-24, representing a 20.66 per cent increase on a yearly basis, according to provisional figures put out by the government on Monday.
Read More
Finance Ministry reports soaring tax collections, swift refunds and stream
Updated : 2 years, 3 months ago IST
Ministry of finance posed on X, "Steady growth in Direct Tax collections! Net collection in FY 2023-24 (upto 30.11.2023) is 23.4 per cent higher Year-on-Year. 58.34 per cent of Budget Estimates for FY2023-24 already achieved. #ViksitBharat #FinMinReview2023"
Read More
Cash seizure in five poll-bound states beats previous records, says CBDT c
Updated : 2 years, 4 months ago IST
All the law enforcement agencies are working together with great coordination, which has made all this possible, said Nitin Gupta.
Read More
Gross direct tax collections rise about 18 per cent this fiscal
Updated : 2 years, 4 months ago IST
Over the last few years, various efforts have been made to increase the tax base and improve compliance.
Read More
Central Board of Direct Taxes achieves targets of month-long Special Campa
Updated : 2 years, 4 months ago IST
The Central Board of Direct Taxes (CBDT), along with its subordinate offices, enthusiastically participated in Special Campaign 3.0. The campaign was organised in two phases: the preparatory phase from September 14 to September 30, and the implementation phase from October 2 to October 31.
Read More
Record number of over 7.85 crore Income Tax Returns filed till October 31
Updated : 2 years, 4 months ago IST
The total number of ITRs for Assessment Year (AY) 2023-24 filed till October 31, 2023, is more than 7.65 crore.
Read More
Direct Taxes Data shows improved Taxpayer compliance
Updated : 2 years, 5 months ago IST
Income Tax Department has, over the years, focused on several measures to ensure ease in compliance of taxpayers and transparent tax administration. In line with transparency in its functioning, the Department had released the Time Series Data of Direct Taxes and Income Tax Return statistics
Read More
Collected over Rs 700 cr in TDS from online gaming companies, crypto: CBDT
Updated : 2 years, 5 months ago IST
The Central Board of Direct Taxes (CBDT) has collected more than Rs 700 crore as Tax Deduction at Source (TDS) this financial year after a new TDS regime was brought in for online gaming and trade in cryptocurrency, said the tax body's chairman Nitin Gupta
Read More
Gross direct tax collections rise 18 per cent this fiscal
Updated : 2 years, 5 months ago IST
A total of Rs 11.07 lakh crore (gross) worth of direct taxes have been collected so far in the current financial year 2023-24, representing a 17.95 per cent increase on a yearly basis, Central Board of Direct Taxes Chairman Nitin Gupta said on Tuesday.
Read More
Net direct tax collections rise 23 per cent this fiscal
Updated : 2 years, 6 months ago IST
A total of Rs 865,117 crore worth of direct taxes have been collected so far in the current financial year 2023-24, representing a 23 per cent increase on a yearly basis.
Read More
Over 6 crore returns processed, additional info sought from 12 lakh taxpay
Updated : 2 years, 6 months ago IST
The Income Tax Department has so far processed more than 6 crore tax returns for the assessment year 2023-24 out of the 6.84 crore that it has verified
Read More
Income Tax Department unveils revamped website for enhanced taxpayer exper
Updated : 2 years, 7 months ago IST
The newly revamped website was officially launched by Nitin Gupta, Chairman of the Central Board of Direct Taxes (CBDT), during the 'Chintan Shivir' event organized by the Directorate of Income Tax (Systems) in Udaipur, read the Ministry of Finance press release.
Read More