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Total 393 results found. Search for [ Govt tax collection ]

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June 5, 2020
Gujarat Deputy Chief Minister Nitin Patel said both VAT as well as fuel prices in Gujarat are lowest in the country.

New Delhi, June 4, 2020
For the April-November 2019 period, the Centre had already released Rs 1,15,096 crore to compensate states and UTs on account of revenue loss due to implementation of the Goods and Services Tax

Dipak Mondal
May 30, 2020
April GST collections are for March transactions, and the lockdown started only from March 25, therefore, the poor collection in the month could be mostly due to extension of return filing dates

Dipak Mondal
May 29, 2020
Gross tax collection for FY20 was Rs 20.09 lakh crore, against the revised estimate of Rs 21.63 lakh crore. What is more worrying is the fact that the gross tax collection is lower than the previous year's collection of Rs 20.8 lakh crore

Dipak Mondal
New Delhi, May 20, 2020
The centre is already struggling to fully compensate the states for dues in 2019-20. It has not paid to states the compensation for December 2019 to March 2020 as their compensation requirements far outpace the collections

Dipak Mondal
New Delhi, May 14, 2020
The government has decided to reduce the rates of Tax Deduction at Source (TDS) and Tax Collection at Source (TCS) by 25 per cent of their existing rates as part of the stimulus package

May 14, 2020
Gautam Adani said that that the stimulus package could be a growth plank to push Make In India vision. Kunal Bahl said that MSMEs were India's backbone and government's announcement would help them to get back on their feet

New Delhi, May 13, 2020
ITR filing deadline extended: Nirmala Sitharaman said during the press conference that the tax audit date has also been extended till October 31 from September 30

May 13, 2020
Finance Minister Sitharaman Live on Rs 20 lakh crore Economic Package: FM Nirmala Sitharaman announced Atma Nirbhar Abhiyan. Provident Fund contribution of employers and workers is being reduced from 12% to 10% each of wages for the next 3 months, announced FM Nirmala Sitharaman. She added that the EPFO benefit will lead to more take home salary.

Dipak Mondal
May 8, 2020
Nominal GDP will be around Rs 215 lakh crore instead of the budgeted Rs 225 lakh crore. Fiscal deficit will be 5.5-5.7 per cent against the budgeted target of 3.5 per cent

Chitranjan Kumar
New Delhi, May 6, 2020
Weighed down by excise duty hike, shares of oil marketing companies, BPCL, Indian Oil and HPCL, tumbled up to 13 per cent in intraday trade on the Bombay Stock Exchange on Wednesday

Prasanna Mohanty
May 6, 2020
In the post-industrial democratic era, they have benefited immensely from the public provisioning of health and education that produces quality labour, infrastructure, natural resources, tax incentives, loan write offs (NPAs), bailouts, stimulus packages, and much more. Yet increasingly they use tax havens, shell companies and other tools to evade and avoid paying back

Dipak Mondal
May 1, 2020
It is likely that due to the 15-day window for filing returns without paying any interest, many taxpayers have not filed their returns yet which led to GST collections numbers for March transactions being very low till today

Dipak Mondal
April 27, 2020
One way the state governments might try to cope with the situation is cut down sharply on capital expenditure - the money spent on creating assets like roads, infrastructure, etc - as lot of resources will go into social sectors like health and sanitation

Naveen Kumar
April 22, 2020
The donations made to the PM CARES Fund would be eligible to receive 100 percent deduction under Section 80G of the Income Tax Act. This simply means that you won't have to pay any tax on the amount donated to PM CARES Fund

April 20, 2020
The entire nation has been in lockdown since March 25. The central government had announced that after April 20, there will be relaxation in some areas regarding lockdown restrictions

New Delhi, April 19, 2020
Coronavirus impact: Amitabh Kant said that we don't go back to the world as it were from here, we go forward and continue to adapt to new realities

New Delhi, April 19, 2020
Lockdown in india latest news: Goa Chief Minister Pramod Sawant stated that no new coronavirus cases have been reported in the state since April 3

April 17, 2020
Lockdown in India latest updates: India reported 1,076 new cases and 32 deaths in the last 24 hours. The country's total number of coronavirus positive cases have risen to 13,835, including 11,616 active cases, 1,766 cured/discharged/migrated and 452 deaths

April 16, 2020
Because the economy is going to slow down, revenue collection for this year would be much less than the last year, Subramanian said, adding the revenue loss would be 1.5 per of the GDP

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