Search For "tax collection"
IDFC FIRST Bank Goes Live on Direct Tax Collection System of CBDT
Updated : 1 year, 2 months ago IST
Mumbai (Maharashtra) [India], January 10: IDFC FIRST Bank announced its integration with Income Tax Portal to collect Direct Tax on behalf of Central Board of Direct Taxes (CBDT), Government of India. The Bank's customers can now benefit from an intuitive, hassle-free payment experience for
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IDFC FIRST Bank goes live on Direct Tax Collection System of CBDT
Updated : 1 year, 2 months ago IST
Mumbai (Maharashtra) [India], January 9: IDFC FIRST Bank announced its integration with Income Tax Portal to collect Direct Tax on behalf of Central Board of Direct Taxes (CBDT), Government of India. The Bank's customers can now benefit from an intuitive, hassle-free payment experience for p
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Pak govt to take another shot at separating IRS, Customs
Updated : 1 year, 2 months ago IST
Pakistan Prime Minister Shehbaz Sharif has approved the separation of Customs and Inland Revenue Services (IRS), following a previous proposal that was resisted by tax groups. The reform aims to establish separate oversight for the two bodies and restructure the Federal Board of Revenue (FBR
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Direct tax collections rise 20.3% to Rs 19.2 lakh crore by far in 2024-25
Updated : 1 year, 2 months ago IST
The gross direct tax collections by the government so far in 2024-15 were 20.32 per cent higher on a yearly basis at Rs 19.21 lakh crore, data released by the Central Board of Direct Taxes (CBDT) showed on Wednesday.
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India's fiscal deficit will be 4.8 pc in FY25, below budget estimate of 4.
Updated : 1 year, 2 months ago IST
The fiscal deficit of the central government is projected to be 4.8 per cent of GDP for FY25, slightly below the budgeted estimate of 4.9 per cent, according to a report by Care Edge Ratings. The marginal improvement is attributed to healthy tax collections, despite certain shortfalls.
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Pakistan: Soaring inflation set to hike milk prices
Updated : 1 year, 3 months ago IST
The dairy farmers in Karachi hinted at increasing milk prices due to Pakistan's administration doubling tax collection on dairy animals, according to Ary News.
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IMF calls on Pakistan to implement mini-budget to address revenue gap foll
Updated : 1 year, 4 months ago IST
The International Monetary Fund (IMF) has called on Pakistan to introduce a mini-budget after the nation's Federal Board of Revenue (FBR) failed to meet its tax collection targets, as reported by ARY News, citing sources on Saturday.
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India's net direct tax collections up by 18.35 pc to almost Rs 11.26 lakh
Updated : 1 year, 5 months ago IST
India's net direct tax collection for the financial year 2024-25 has seen a significant surge, with an increase of 18.35 per cent to almost Rs 11.26 lakh crore year on year, as of 10 October, the data from the Central Board of Direct Taxes (CBDT) shows.
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Festive season will bring in higher GST collections in coming months: Exp
Updated : 1 year, 5 months ago IST
After the Goods and Services tax collections for September showed a yearly jump of 6.5 per cent, the experts in this domain have expressed optimism for the collections in the upcoming months, citing the continued festive season and the government's focus to ensure a stable revenue trajectory
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Direct tax collection soars, gross collections surge by 21% to reach at Rs
Updated : 1 year, 5 months ago IST
India's direct tax net collection for the financial year 2024-25 has seen a significant surge, with an increase of 21.48 per cent as of 17 September this year, the data from the Central Board of Direct Taxes (CBDT) shows.
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PoGB traders warn of protest over tax collection issue
Updated : 1 year, 6 months ago IST
The local traders of Pakistan-occupied Gilgit Baltistan (PoGB), who manage their livelihoods from the goods passing through the Sost Dry Port, have been protesting for several weeks over the issue of illegal tax collection despite the PoGB's chief court ordering otherwise.
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GST collection since its inception has shown buoyancy and remarkable growt
Updated : 1 year, 6 months ago IST
After the GST collection for the August showed a month-on-month decline in growth terms, the economic experts pointed out that the decline on month-on-month growth basis is not an appropriate way of looking at the numbers in view of the buoyancy in both direct and indirect taxes.
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