Mumbai (Maharashtra) [India], June 1 (ANI/NewsVoir): There is no doubt that the MSMEs (Micro, Small and Medium Enterprises) are today the precursors of India's economic growth. They are major contributors to the tax base of India.
New Delhi [India], Feb 4 (ANI): As the tax base gets broader, there is a chance of tweaking the tax rates as there is a large portion of unorganised sector which is outside the tax framework, Chairman of the Central Board for Direct Taxes (CBDT) Pramod Chandra Mody said on Tuesday.
New Delhi [India], Oct 19 (ANI): The Central Board of Direct Taxes (CBDT) is likely to extend the deadline for disposal of assessment cases under Operation Clean Money (OCM) which leverages data analytics to investigate tax evaders, a senior official said on Saturday.
New Delhi [India], July 24 (ANI): Finance Minister Nirmala Sitharaman on Wednesday exhorted the income tax officers to be prompt in redressing the grievances of the taxpayers and expand the tax base in a non-intrusive manner.
New Delhi [India], Apr 5 (ANI): The Income tax department on Thursday claimed certain news items in a section of media regarding spike in the income tax "stop filers" could be due to loss of jobs or income drop due to fall in economic activity under the impact of demonetisation as "totall
New Delhi [India], Feb 1 (ANI): Direct tax collections have moved up from Rs 6.38 lakh crore in 2013-14 to almost Rs 12 lakh crore while the tax base swelled from 3.79 crore to 6.85 crore, Finance Minister Piyush Goyal said on Friday.
Bengaluru (Karnataka) [India], July 4 (ANI): Karnataka Chief Minister HD Kumaraswamy on Wednesday denied allegations against his family members of defaulting property tax based on the Bruhat Bengaluru Mahanagara Palike (BBMP) survey.
Mumbai (Maharashtra) [India], June 22 (ANI): Minister of State for Finance Arjun Ram Meghwal on Wednesday said the post-Goods and Service Tax (GST) tax base will increase, but the degree by which it increases cannot be predicted.