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Rise in Tax collection indicates brighter economic future
During the corresponding period of FY 2019-22, the pre-Covid year, the direct tax collection was Rs 4.4 trillion
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IT Refunds: CBDT issues over Rs 70,120 crore till Sept 6
CBDT issues refunds of over Rs. 70,120 crore to more than 26.09 lakh taxpayers between April 1, 2021, to September 6, 2021.
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IT Refunds: CBDT issues over Rs 67,400 crore worth refunds
CBDT has issued over Rs 67,400 crore worth refunds in five months of the current fiscal.
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India Inc trimmed employee cost by 3% in FY21: SBI report
Corporate tax collections helped the Centre contain fiscal deficit to only Rs 1.2 lakh cr in April-May 2021 in place of Rs 3.5 lakh cr last year
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G7 commits to at least 15% global minimum corporate tax; key takeaways
Finance ministers from wealthy G7 nations on Saturday pledged to commit to a global minimum corporate tax of at least 15 percent, rallying behind a US
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Tax department issues refunds worth Rs 26,276 crore in 2 months of FY22
Of this, personal income tax refunds worth Rs 7,538 crore have been issued in over 15.02 lakh cases. Corporate tax refunds of Rs 18,738 crore have bee
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More than 2.24 crore taxpayers have received Rs. 2,13,823 crore in refunds: CBDT
Of the total refunds, income tax refunds of Rs 79,483 crore have been issued in 2,21,92,812 cases
