Latest News on Tax Collections
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Tax Collections - Total results - 21
Nov 28, 2017
GST collection falls in Oct: Volatility may continue; too early to call the big-bang reform a hit or missChanging tax rates and creating new exemptions also slows the process of estimating the exact tax liabilities, and by extension, what prospective collection estimates should be.
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.
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.
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
Mar 10, 2017
Indirect tax revenue grows 22% in Apr-Feb; direct tax up 10.7%The total direct tax of Rs 6.17 lakh crore and indirect tax mop-up was Rs 7.72 lakh crore, led by robust collections in personal income tax and excise duty, respectively.
Feb 10, 2017
Indirect tax revenue grows 24% in Apr-Jan; direct tax up 10.79%Belying fears of slowdown due to demonetisation, indirect tax collection grew at a decent 16.9 percent in January buoyed mainly by excise, reflecting an uptick in manufacturing.
Jan 10, 2017
Demonetisation: Why Arun Jaitley’s reading of economic activity is a bit bafflingThe point is indirect and direct collections have actually slowed in the post demonetisation period. This shouldn’t be the case in a normal scenario
Dec 29, 2016
Demonetisation impact: Double-digit growth in India's tax collection figures, says Arun JaitleyTill 19 December, the net increase in direct taxes has been 13.6 percent after factoring in the refunds, he said.
Mar 15, 2013
New forms for I-T returns to be notified by March endNew forms for filing of income tax returns for the assessment year 2013-14 are proposed to be notified by the end of this month.