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Latest News on Tax Base
Showing of 0 - 10 from 14 results
Tax Base - Total results - 14
Dec 11, 2019
Parliament panel asks govt to prevent misuse of input tax credit under GST as revenue collection slows in recent monthsGST revenue collection crossed the Rs 1 lakh crore mark after a gap of three months in November, with the revenue growing by 6 percent to Rs 1.03 lakh crore in the month.
Oct 14, 2019
Panel formed to suggest steps for improving GST collections to hold first meeting todayGST collections dropped sharply to a 19-month low in September, mirroring a widening slowdown in the economy triggered by shrinking consumer demand.
Dec 04, 2018
CBDT chief says I-T return filing up 50% this year; expresses confidence to meet direct tax collection targetDemonetisation has been very good for increasing the tax base of the country due to which the I-T return filings increased to 6.08 crore, a 50 percent rise, he said.
Nov 22, 2018
PAN card rule change to come into effect from 5 December: I-T Department tightens noose around individuals running shell companiesA PAN is a useful device to track financial transactions so that the tax base can be broadened and tax evasion foiled.
Jul 12, 2018
Arvind Subramanian's three principles to ease formalisation woes: It's time these suggestions are acted uponWhy should a government that pushed demonetisation allow tax officials to set the taxation agenda that affects lakhs of small enterprises?
Jan 10, 2018
Over 17,500 tax evaders in net as I-T authorities launch massive crackdown after roll-out of GSTUttar Pradesh emerged as the top state with maximum number, more than 50 percent of total figure, of tax evaders under the GST regime.
Nov 20, 2017
Lower taxes, higher public expenditure could widen budget deficit in 2017-18, cautions Moody'sMoody's believes that the government’s commitment to fiscal consolidation remains and sustained growth would help it reduce debt burden.
Sep 01, 2017
Demonetisation: Govt scrambles for defence as criticism mounts after RBI data on banned notesThe finance ministry rushed out a lengthy statement detailing the positive impacts, including improved tax collection, a widening of the tax base and new information on possible tax evaders.
Aug 17, 2017
Demonetisation: Narendra Modi’s black money figures in I-Day speech are confusing; govt owes an explanationif the prime minister meant Rs 2 lakh to Rs 3 lakh crore as black money recovered from habitual tax cheats post-demonetisation, more clarity is warranted on these numbers
Jul 25, 2017
Benami property: Arun Jaitley stresses on setting examples to effectively deter such tax evasionReferring to opposition of PAN-Aadhaar linkage, he said it is an "effective anti-evasion measure" and will get rid of multiple PAN cards and mismatch in income and expenditure, but it is being opposed "in the name of privacy".