direct tax
Latest from direct tax
CBDT to closely monitor top taxpayers, crack down on bogus deductions
The government aims for ₹25.20 lakh crore in direct taxes for the fiscal year, while focusing on arrear collection and taxpayer education.

Terms of Trade: Why we should stop hyperventilating about the Budget
The Budget cannot do much to change the Indian economy’s fortunes. In fact, it only distracts us from the central question at hand

Tax defaults in India rise by 1000% in last 10 years, litigations double: Report
Corporate taxes formed a large bulk of the defaults, adding up to ₹3.97 lakh crore and capital gains tax and transfer pricing defaults was ₹4.81 lakh crore.

Direct tax collections for FY 2024-25 surge by over 20%
The increase in both personal income and corporate tax collections points towards a growing corporate sector and higher income levels among individuals.

Budget 2024: What are direct taxes? Types and significance
A direct tax refers to a tax where the individual or organisation directly pays the government without intermediaries.
