Browsing Tag
direct tax
No balm for poor, jobless: Congress questions real reach of I-T relief
Congress questioned the real reach of the income tax relief announced in the budget, with former finance minister P Chidambaram saying that the beneficiaries would be only those who switch over to the new tax regime while no such relief…
Net direct tax revenue up 20%, gross mop-up rises 26% to ₹13.63 lakh crore
Image for representation purpose only.
| Photo Credit: Reuters
India’s net direct tax collections in 2022-23 surpassed the ₹11-lakh crore mark by December 17, reflecting a 19.8% uptick over last year, the Central Board of Direct Taxes said…