New Delhi [India], May 7 (ANI): Direct tax collections fell short by Rs 82,000 crore at Rs 11.18 lakh crore during 2018-19 with lower corporate tax collection as one of the reasons.
New Delhi [India], Apr 20 (ANI): Failing to meet direct tax collections target, the Income Tax (I-T) Department has started surgical strikes against cash transactions.
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): The Central government will focus on improving expenditure efficiency and improve tax collections to ensure that the economy moves back to the fiscal deficit path as mentioned in the Fiscal Responsibility and Budget Management (FRBM) Act, Finance Minister Piyu
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.
New Delhi [India], Dec 10 (ANI): The provisional figures of Direct Tax collections up to November, 2018 show that gross collections are at Rs. 6.75 lakh crore which is 15.7 percent higher than the gross collections for the corresponding period of last year.
New Delhi [India], Oct 4 (ANI): The provisional figures of Direct Tax collections up to September (half-yearly figures) witnessed gross collections worth Rs. 5.47 lakh crore which is 16.7 per cent higher than the gross collections for the corresponding period of last year.
New Delhi [India], Jul 01 (ANI): Union Minister Arun Jaitley on Sunday said that after the implementation of the Goods and Service Tax (GST), there was an increase of 18 percent in Direct tax collections.
New Delhi [India], Apr. 2 (ANI): The provisional figures of Direct Tax collections for Financial Year 2017-18 witnessed a 17.1 percent increase compared to net collections for FY 2016-17, the Central Board of Direct Taxes (CBDT) said on Monday.
Dimapur (Nagaland) [India], Mar. 25 (ANI): The Guwahati branch of the National Investigation Agency (NIA), on Sunday, arrested three government officials from Nagaland's Dimapur district, in connection with alleged extortions and illegal tax collections on behalf of the banned terrorist orga
New Delhi [India], Mar 8 (ANI): The provisional figures of direct tax collections up to February 2018 show that net collections are at Rs. 7.44 lakh crore, which is 19.5 percent higher than the net collections for the corresponding period of last year, as per a statement from the Ministry of