Latest News on Tax collections
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Tax collections - Total results - 49
Nov 06, 2017
Congress demands major overhaul of GST, alleges tax reform as big disappointment for poor implementationThe Congress on Monday demanded a major overhaul of the Goods and Services Tax (GST), alleging that the tax reform measure turned out to be a "big disappointment" due to its "poor" implementation.
Oct 11, 2017
Direct tax collections jump 16% to Rs 3.86 lakh cr in Apr-Sep: Finance ministryThe net direct tax collections constitute 39.4 percent of the total budget estimate of direct taxes at Rs 9.8 lakh crore for the current fiscal
Sep 04, 2017
Silencing demonetisation critics: It's time Modi govt should boldly publish names of money launderersThe Modi government must therefore silence the critics by nailing dubious deposits made during the demonetisation period
Aug 28, 2017
Govt collects Rs 65,000 cr GST, over 36 lakh businesses file returns so farWhile 72 lakh assessees of the old indirect tax regime have migrated to the GST Network portal, nearly 50 lakh have completed the migration process
Aug 23, 2017
20 lakh businesses pay GST so far, more to follow: GSTN ChairmanThe government had on 19 August extended the due date for filing of GST returns and payment of taxes to 25 August from 20 August earlier after businesses complained of snag in the GST portal.
Aug 10, 2017
Direct tax revenue kitty grows 19% in Apr-July to Rs 1.90 lakh crore, says finance ministryIn 2016-17, the government collected over Rs 8.49 lakh crore in direct taxes, 14.5 percent higher than the previous year.
Aug 08, 2017
Income tax returns filing for 2016-17 grows 25%, govt claims it is demonetisation impactThe growth in ITRs filed by individuals is 25.3 percent with over 2.79 crore returns having been received up to 5 August as against over 2.22 crore returns filed in the corresponding period last fiscal.
Jul 07, 2017
Net direct tax collection rises 14.8% to Rs 1.42 lakh cr in Q1, 5.2% drop in refundsThe net direct tax collection represents 14.5 percent of the total Budget Estimates of direct taxes (Rs 9.8 lakh crore) for 2017-18,
Jun 26, 2017
GST from 1 July: Govt postpones TDS, TCS to ensure smooth rolloutE-commerce companies will not be required to collect 1 percent TCS (Tax Collection at Source) while making payment to suppliers under the Goods and Services Tax (GST) which will be rolled out from 1 July.
Jun 19, 2017
GST could crimp GDP, push up inflation over next new few quarters, says reportSeveral developed nations such as Australia, Malaysia, Canada and Singapore have witnessed a fall in their growth numbers immediately after the rollout of GST