direct tax

Addressing a press conference after presenting the union budget 2019-20, she said the government's record in the past five years on controlling inflation has been exemplary and inflation has been at the lowest.

Currently, those with income of upto Rs 2.5 lakh are exempted from tax net. However, this limit may be raised to 3 lakh in the upcoming Budget. The proposed tax will put at least Rs 2,500 more money in the hands of taxpayers, thereby giving an indirect impetus to the economy.

New Delhi: The Direct Tax collections for the fiscal year 2017-18 stood at 9.95 lakh crore rupees, which is 17.1%...

New Delhi: Direct tax collections increased by 14.4 per cent to Rs 4.8 lakh crore during April-November this fiscal. ‘The...