PM Modi launches ‘Transparent Taxation’ With Other Direct Tax Reforms

‘Transparent Taxation’ platform was launched by PM Narendra Modi on 13th August…
ELSS

Tax query: ELSS or FD—Which is the Best Tax Saving Option under Section 80C?

Mr Raman needs to invest Rs 1 lakh in tax-saving mutual funds…

Budget 2020: Government Asks Opinions on Tax Rates and Duties

In what happens to be the for the first time, the government…

Government to announce income tax amnesty scheme for tax evaders

The direct tax revenues collections have risen by only 3% so far…

IT department seeks a cut of Rs 1 trillion in FY20 direct tax revenue targets

According to a report published by Business Standard, the income tax department…
CBDT

Direct Tax Data Show Wealth Concentrated in 3 Indian States

Followed by the Prime Minister’s statement of making India a $5 trillion…

Brief Revenue Analysis Before and After GST Implementation

Before the implementation of GST, Indirect Taxes constituted Service Tax, Central Excise,…

Tax for Middle-Income Earners Likely to Change under Direct Tax Code

In November 2017, the Indian government formed a task force to evaluate…

Fiscal deficit exceeds 61% of the target within the first quarter

The government has released data stating that the fiscal deficit for the…

Central Board of Direct Taxes rolls out plan for financial year 2020

The Central Board of Direct Taxes (CBDT) has released its action plan…