As much as Rs 3.18 lakh crore has been received as advance tax up to December, 2017-18, reflecting a growth of 12.7 per cent over the year ago period.
The Narendra Modi-led government wants an overhaul of archaic tax rules to ensure that tax compliance is easy and dispute redressal, quicker.
Two years after announcing plans to reduce corporate tax rate to 25 per cent, the government today said any such reduction can come after the spread of personal income tax is increased and more people
CII has demanded from government to lower the corporate tax rate to 18 per cent as more economic activities are entering the tax net post-demonetisation.
New Delhi: The government in the next few days will come out with a list of exemptions that would go as part of the plan to gradually reduce corporate tax to 25 per cent, the
New Delhi: Finance Minister Arun Jaitley today said the government in the next few days will list out the exemptions to be phased out as part of its plans to gradually bring down corporate tax
New Delhi: Finance Minister Arun Jaitley on Saturday announced that India will reduce corporate tax on businesses to 25 percent from present 30 % over a period of four years. With the move government aims
New Delhi: Amid slowing economy, the gross direct tax collection has risen only by 11.58 per cent to Rs 3.37 lakh crore during the April-October period of 2013-14 fiscal.The collections had totalled Rs 3.02 lakh
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