close_game
close_game

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.

CBDT has instructed IT officials to monitor top advance taxpayers to boost direct tax collections this financial year(Pixabay/Representational image)
Published on May 04, 2025 03:01 PM IST
PTI |

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 

Union finance minister Nirmala Sitharaman before presenting Budget 2024 on February 1, 2024. (Sanchit Khanna/ HT File Photo)
Updated on Jan 30, 2025 12:21 PM IST

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.

Tax defaults in India skyrocketed by 1000% in the last ten years and associated litigation has also consequently risen (Representational Image/Pixabay)
Published on Aug 04, 2024 07:56 PM IST

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.

Representational
Published on Jun 18, 2024 07:58 PM IST
ANI |

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.

Examples of direct taxes include income tax, real property tax, personal property tax, and taxes on assets. (Representational Image)
Published on Jan 07, 2024 11:03 PM IST
Story Saved
Live Score
Saved Articles
Following
My Reads
Sign out
New Delhi 0C
Tuesday, May 06, 2025
Follow Us On