Tax Collection
- 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…