Industry leaders hail Union Budget as roadmap of Viksit Bharat

The industry leaders said that the continued capital expenditure-led growth, like spending on infrastructure, and...

Income tax-biggest revenue category

Personal income tax now accounts for nearly 30 per cent of gross tax collection, emerging as the government's...

Gross Direct Tax collections for financial year 23-24 grows 18%

The provisional figures of Direct Tax collections for the financial year 2023-24 (as on March 17, 2024) show that...

Finance Act 2023 amends section 87A

Ministry of Finance posted on X, "Benefits in Personal Income Tax! Vide Finance Act, 2023, Section 87A of the...

Gross direct tax collections rise about 18 per cent this fiscal

Over the last few years, various efforts have been made to increase the tax base and improve compliance.

A hike of 2 lakhs in the erstwhile 5 lakhs tax rebate ceiling

New Delhi [India], February 7 (ANI/SRV): The announcement of the revised tax slabs, presented in the Union Budget...

Sitharaman says new taxation regime now has more incentives

In her budget speech, the minister made five major announcements in regard to personal income tax, saying these...

Chairman of Boston Consulting Group lauds Union Budget

Speaking on the Personal Income Tax rebate in the new tax regime, Sinha said, "Middle class will benefit most from...

Net direct tax collections jump 45 pc till June 16 in 2022-23

New Delhi [India], June 17 (ANI): India's net collection from direct taxes rose to Rs 3,39,225 crore in the current...

IMF engages in tough talks with Pakistan

Islamabad [Pakistan], June 9 (ANI): International Monetary Fund (IMF) drives hard bargain with Pakistan as the fund...

IMF asks Pakistan for changes in personal income tax

Islamabad [Pakistan], March 23 (ANI): The International Monetary Fund (IMF) has reiterated the changes in personal...

IMF says Pakistan's economy unstable, proposes implementation...

Islamabad [Pakistan], February 4 (ANI): International Monetary Fund (IMF) has said that Pakistan's economy remains...