Tax Collection
- Hyderabad
GHMC commissioner asks officials to meet tax collection targets
Hyderabad: The Greater Hyderabad Municipal Corporation (GHMC) commissioner RV Karnan has instructed the officials to achieve their targets in tax collection. The commissioner reviewed the cases of the contempt of court at…
- India
Govt cuts borrowing target to Rs 14.01 lakh crore for FY25
New Delhi: The government has lowered its borrowings estimate for the current financial year to 14.01 lakh crore as there is an improvement in tax collection. The government has to borrow by…
- Business
India’s direct tax collections jump 20% to cross Rs 18. 9 lakh cr in 2023-24
New Delhi: The country’s Direct Tax collections for the current financial year, ending on March 31, 2024 have shot up by 19,88 per cent to Rs 18,90,259 crore compared to Rs 15,76,776…
- Telangana
Telangana CID files charge sheet in fake commercial tax challan case
Hyderabad: The Crime Investigation Department (CID) of the Telangana police has filed a charge sheet against 34 accused, including 23 officials of the Commercial Tax Department in Bodhan fake commercial tax challan…
- India
Govt postpones implementation of increased tax on credit card payments on foreign tours
New Delhi: The Finance Ministry on Wednesday said that there will be no change in tax collection at source (TCS) for all purposes under the liberalised remittance scheme (LRS) for overseas travel…
- Business
Tax collections to cross budget estimates in current fiscal, says government
Delhi: Domestic tax collections will exceed the budget estimate by nearly Rs 4 lakh crore in the current fiscal owing to higher income tax, customs duty, and GST collections, the government said…