Search For "income tax"
Higher dividend by RBI is likely to offset revenue loss due to GST rationa
Updated : 8 months ago IST
The net revenue shortfall arising from the recent Goods and Services Tax (GST) rationalisation, estimated at around 0.1 per cent of GDP for the current fiscal, is expected to be offset by the higher dividend transfer from the Reserve Bank of India (RBI), noted a report by CareEdge Ratings.
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CBDT successfully achieves targets of Special Campaign 5.0
Updated : 8 months ago IST
The Central Board of Direct Taxes (CBDT), Department of Revenue, achieved significant results under the Special Campaign 5.0 for Swachhata and Disposal of Pending Matters, according to the Ministry of Finance.
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Meeting FY26 fiscal targets may be challenging amid weak tax growth: Union
Updated : 8 months ago IST
Achieving the full-year Financial Year 2026 (FY26) fiscal targets appears challenging amid subdued growth in corporate and income tax revenues, according to a report by the Union Bank of India.
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Delhi HC to examine constitutionality of tax provision on interest from la
Updated : 8 months, 1 week ago IST
A Division Bench of Justice V Kameswar Rao and Justice Vinod Kumar, while hearing a plea filed by Suresh Kumar, a farmer based in Gurugram, Haryana, directed that the matter be listed for hearing on November 24, to decide the question of vires (constitutionality) of the impugned provision
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"If distributing money to help flood victims is crime, then I will always
Updated : 8 months, 1 week ago IST
In a post shared on X, Yadav said, "I have received an income tax notice; it has labeled distributing money to help flood victims as a crime. If this is a crime, then I will always continue to commit the crime of helping every deprived victim!"
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Udit Raj alleges harassment as officials move to evict govt bungalow in De
Updated : 8 months, 2 weeks ago IST
Congress leader Udit Raj accused the Central government of harassment after officials from the Directorate of Estates moved to evict his residence at Pandara Park in New Delhi on Friday.
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"Factory lagayega Gujarat mein, victory chahiye Bihar mein": Tejashwi Yada
Updated : 8 months, 2 weeks ago IST
"Modiji factory lagayega Gujarat mein, victory chahiye Bihar mein? (PM Modi sets up factories in Gujarat and wants victory in Bihar). But this is not going to happen. We are Biharis, we don't get scared of 'baharis'. If Laluji didn't get afraid of Modi, will his son get scared? ED, CBI, I
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First-Time Homebuyers' Checklist: Documents Needed for a Tata Capital Hom
Updated : 8 months, 3 weeks ago IST
New Delhi [India], October 14: Buying a house is an important financial step for an individual. One of the most important aspects of applying for a home loan is gathering the right documents to ensure that the approval process is completed on time. If you are a first-time home-buyer, knowi
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Direct tax collections rise 2.36% in FY26 so far; Corporate Tax leads grow
Updated : 8 months, 3 weeks ago IST
The gross direct tax collection of the Central government has increased by 2.36 per cent so far in the current financial year (as of October 12, 2025), compared to the same period last year, according to data released by the Income Tax Department.
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"Contradictory opinions can erode authority of legal system," says CJI Gav
Updated : 9 months ago IST
"When courts and tribunals provide reasonable and consistent reasons and predictable decisions, then the law becomes a suitable framework within which citizens can exercise their rights and duties confidently. Inconsistent or contradictory opinions can erode the authority of the legal sys
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SMEs getting loans of up to Rs 5 cr within minutes; using online data to c
Updated : 9 months ago IST
The digital transformation in India's financial sector is enabling faster and broader access to credit, particularly for small and medium enterprises (SMEs), stated State Bank of India (SBI) Chairman CS Shetty at the Global Fintech Fest 2025 on Wednesday.
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Amit Shah advocates for call to go Swadeshi; appeals youth in Bastar not t
Updated : 9 months ago IST
In Goa's Bambolim, Shah today praised the Aatmnirbhar Bharat initiative, saying that it has given "impetus" to the country's economy while promoting Make in India and encouraging people from across the world to manufacture in India.
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