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.
The Directorate of Enforcement (ED) Mumbai has provisionally attached assets worth Rs 14.02 crore of five accused under the provisions of the Prevention of Money Laundering Act, 2002 (PMLA) in the case of an Income Tax Refund fraud of Rs. 263 crore.
A book titled 'The Mosaic', a compilation of poems, written by Indian Revenue Service (IRS) officer Swati Chopra, was released by Bansuri Swaraj, a member of parliament and Hardayal Singh, Former Chief Commissioner of Income Tax at India International Center on Thursday.
Pune (Maharashtra) [India], July 10: Bajaj Markets, a leading financial marketplace in India, is committed to simplifying financial processes for its users. As the July 31st deadline for filing Income Tax Returns (ITR) for the financial year 2023-24 approaches, the marketplace is offering a
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
Mumbai (Maharashtra) [India], July 9: Skorydov, the innovative force behind www.myITreturn.com, is excited to announce the launch of their groundbreaking new mobile app designed to simplify and revolutionize how Indians file their Income-tax returns. This innovative app is the first-of-its-k
New Delhi [India], July 9: Tax season is upon us again in India! While some individuals may feel comfortable navigating the intricacies of filing income tax returns (ITR) themselves, many others seek the guidance of a chartered accountant (CA).
"We have decided to take up skill census instead of caste census in the state. We have discussed and approved this in the Cabinet. Soon we are going to release all the guidelines for converting human resources into capital investment. The aim is to create wealth. We will provide employment a
The flood destroyed private property and houses worth millions. Notably, floods in these specific areas are severe, as most of the local population primarily depends upon agricultural occupations for income.
Mumbai (Maharashtra) [India], July 4: The cold chain warehousing sector is experiencing significant growth, driven by increased demand for imported fresh fruits. This demand has been further fuelled by the rising preference for healthy lifestyles, higher incomes, and improved affordability.
New Delhi [India], July 2: There are over 6.3 million MSMEs in India, with an unmet credit demand of close to 120 billion USD. Access to small ticket loans for MSMEs is often a long, uncertain process. MSME lending landscape faces challenges of credit underwriting necessary for the approval