Tag: india tax

Tax fraud: ₹25,000 GST evasion by 18,000 bogus companies uncovered
Posted in Economy

Tax fraud: ₹25,000 GST evasion by 18,000 bogus companies uncovered

Tax officers have detected about 18,000 fake companies registered under GST which have been involved in tax evasion of about Rs 25,000 crore, an official…

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India's net direct tax collection grows 22% to Rs 6.93 lakh crore
Posted in Economy

India’s net direct tax collection grows 22% to Rs 6.93 lakh crore

The net direct tax collection grew 22.48 per cent to about Rs 6.93 lakh crore as of August 11 this fiscal, government said on Monday….

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India tax: Budget 2024: Give the middle-class tax benefits & cut fuel excise, India Inc tells Finance Ministry
Posted in Finance

India tax: Budget 2024: Give the middle-class tax benefits & cut fuel excise, India Inc tells Finance Ministry

India’s industry lobby groups have asked officials of the Finance Ministry consider personal tax benefits for the country’s middle-class and a simplification in direct tax…

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India's direct tax collections up 24% to Rs 15.67 lakh crore till February 10
Posted in Economy

India’s direct tax collections up 24% to Rs 15.67 lakh crore till February 10

India’s Direct Tax collections, which includes corporate and personal income tax, continue to register steady growth. According to latest govt data, Direct Tax collections up…

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