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Latest News on Advance Tax
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Advance Tax - Total results - 24
Mar 28, 2019
CBDT raises alarm as direct tax collection remains short of 15%; officials asked to pull up socks to achieve targetThe officer expressed CBDT's disappointment at this situation and has asked the supervisory tax officials to pull up their socks and ensure no stone remains unturned to achieve the target.
Mar 19, 2019
Net direct tax collection crosses Rs 10 lakh cr mark; govt confident of achieving Rs 12 lakh cr target for fiscal of 2019The net direct tax collection figure has crossed the Rs 10 lakh crore mark as on 16 March, helped by the fourth and final installment of tax payment
Mar 15, 2019
Govt banking on advance tax collection to meet direct tax target of Rs 12 lakh crWith fiscal math under pressure due to lower buoyancy in tax collection, the government is eyeing advance tax payment to meet the revised Budget target of Rs 12 lakh crore for the current fiscal
Jan 07, 2019
Direct tax mop up rises 14.1% to Rs 8.74 lakh cr during Apr-Dec 2018; net collections increase by 13.6% to Rs 7.43 lakh crThe gross collections for corporate tax is 14.8 per cent while that for personal income tax is 17.2 percent.
Jan 09, 2018
Direct tax collections rise 18.2% to Rs 6.56 lakh crore during April-December of current fiscalDirect tax collections soared 18.2 percent during the first nine months of current fiscal at Rs 6.56 lakh crore, the finance ministry said
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 22, 2017
Advance tax: Why the new proposed rule shouldn't be a worry for business classEven if the voluntary regime later on becomes a mandatory one, your work is going to be more systematic and not callous
Sep 19, 2017
Companies may have to furnish Apr-Sept income estimates to income tax deptThe Central Board of Direct Taxes (CBDT) has come out with a draft notification seeking stakeholders' comment on filing of Form 28AA by giving details of income and advance taxes paid.
Jul 25, 2017
Income taxpayer base widens to 6.26 cr as of 2016-17, a huge jump, claims CBDT headPost-demonetisation, the department has taken a host of measures to increase tax base and the statement of financial transaction (SFT) report filed by banks shows widening of taxpayer base.
Mar 29, 2017
Five things you must do before 31st March; here's the tax calculator for your helpIf you have taxable income for FY2016-2017 and you have not paid tax on it, please pay it online