Search For "direct tax"
CBDT notifies rule for valuing rent-free accommodation perquisite provided
Updated : 2 years, 7 months ago IST
Board of Direct Taxes, the Central Board of Direct Taxes (CBDT) on Saturday notified amendments to the Income Tax Rules for valuing perquisites of rent-free or concessional accommodation by employers to employees.
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Income Tax dept operationalizes Board for Advance Rulings in Delhi, Mumbai
Updated : 2 years, 7 months ago IST
Earlier in September 2021, the Central Board of Direct Taxes (CBDT) constituted three Boards for Advance Rulings.
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Direct tax collections up 16 pc at Rs 6.53 lakh crore so far in 2023-24
Updated : 2 years, 7 months ago IST
Direct tax collections so far in 2023-24 have seen steady growth with total mop-up at Rs 6.53 lakh crore, a 15.73 per cent increase over the amount received in the same period last financial year
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Gross Direct Tax collections for FY 2023-24 see 12.73 pc growth
Updated : 2 years, 9 months ago IST
According to the official data released by the government, "The Gross collection of Direct Taxes (before adjusting for refunds) for the FY 2023-24 stands at Rs 4,19,338 crore as compared to Rs 3,71,982 crore in the corresponding period of the preceding financial year, registering a growth of
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Net direct tax collections grow 17.63 pc to Rs 16.61 lakh cr in FY23
Updated : 2 years, 11 months ago IST
According to a statement from the ministry of finance, the net direct tax collections -- which included tax collected from individuals and corporations -- exceeded the Budget Estimates (BE) by 16.97 per cent and the Revised Estimates (RE) by 0.69 per cent.
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Direct tax collections for FY23 reach Rs 16.68L cr, up by 22.58 pc
Updated : 3 years ago IST
The provisional figures of direct tax collections continue to register steady growth and also said it registered 22.58 per cent higher than the gross collections for the corresponding period of last year.
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CBDT notifies ITR forms for assessment year 2023-24 well in advance
Updated : 3 years, 1 month ago IST
To facilitate taxpayers and to improve ease of filing, no significant changes have been made to the ITR Forms in comparison to last year's ITR forms, CBDT said in a statement.
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Two-thirds taxpayers likely to shift to new regime in 2023-24 itself: CBDT
Updated : 3 years, 1 month ago IST
The income tax rebate limit available for salaried and individual taxpayers under the new income tax regime has been hiked to Rs 7 lakh from the present Rs 5 lakh.
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Delhi HC stays CIC's order asking CBDT to give info on Ram Janmbhoomi Trus
Updated : 3 years, 2 months ago IST
The Trust is looking after the construction and Management of the Ram Temple in Ayodhya.
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Gross direct tax collections grow 24.58 pc to Rs 14.71 lakh crore in FY23
Updated : 3 years, 2 months ago IST
According to the statement from the finance ministry, the provisional figures of Direct Tax collections up to January 10, 2023, continue to register steady growth. After adjusting refunds, net direct tax collection was at Rs 12.31 lakh crore, which is 19 per cent higher than the previous yea
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Gross Direct Tax collections for Financial Year 2022-23 register growth of
Updated : 3 years, 3 months ago IST
The figures of Direct Tax collections for the Financial Year 2022-23, as on December 17, 2022 show that net collections are at Rs.11,35,754 crore, compared to Rs. 9,47,959 crore in the corresponding period of the preceding Financial Year i.e FY 2021-22, representing an increase of 19.81 per
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Union budget should focus on revitalising private investments, consumption
Updated : 3 years, 4 months ago IST
In its interaction with Revenue Secretary, the industry body suggested measures related to direct taxes and indirect taxes for the growth and development of Indian economy.
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