News Source: The Economic Times
| 19 days ago
Personal income tax collections shot up in October following payout of the second and final installment of the Sixth Pay Commission arrears to government employees and pensioners, but corporate tax collections declined over the same month last year,...
News Source: NewKerala
| 19 days ago
During October 2009, net direct tax collections grew to Rs 20,822 crore compared to Rs 19,708 crore collected during the same month last year. The personal income tax grew by 16.1 per cent to Rs 11,398 crore in October 2009 as against Rs 9,817 crore...
News Source: The Economic Times
| 20 days ago
Government is debating the need for changes in its tax laws including that on saving schemes, capital gains of non-residents and tax agreements with various nations, the finance ministry said in a statement on Thursday. The tax authorities are also...
News Source: India Abroad
| 20 days ago
He said the next steps in this direction would be taken only after a comprehensive review of the draft Direct Tax Code by taking on board the suggestions received. "We are trying to bring the new taxation regime, which can last for another 50 years.
News Source: India Abroad
| 20 days ago
The net direct tax collections for the period are lower due to higher tax refunds given by the government which grew by about about 64 per cent to Rs 33,137 crore (Rs 331.37 billion) compared to last year, the Central Board of Direct Taxes said in a...
News Source: India Abroad
| 20 days ago
In the previous fiscal, exports from the SEZs was Rs 99,689 crore (Rs 996.89 billion). "In 2009-10, exports from SEZ are likely to increase by about 15 per cent over the last fiscal. . .We are confident that exports growth will be there (despite the...