Sunday, July 12, 2020

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direct tax

Did PM Modi actually claim only 2200 people declared income over 1 crore? Or some people just did not listen properly?

PM Modi mentioned that in a country of more than 130 crore people, only 1.5 crore people pay Income Tax. Even from the 1.5 crore people, the number of people announcing income of over 50 lakhs is just 3 lakhs.

Two Income Tax regimes with and without deductions, which one is better for you? A ready reckoner

A comparative analysis between the new tax regime without exemptions and old income tax regime with exemptions and deductions

To promote growth, just cut tax rates: Here is the likely impact of tax rates for corporates being slashed by the Modi govt

1- 22 per cent of Corporate Tax Rate because it is the optimal tax rate implies that revenue maximization is the key driver of taxation policy going forward.

Congress regime vs the Modi era: Here is how your Tax liability has changed

Being the driver of consumption and wealth generation in an economy, the Middle Class expected their tax burden to reduce. It is in this background, the Budget of 2019-20 is important.

Budget 2019: Direct Tax collection exceeds expectations by Rs 50,000 crore

Fiscal year 2019 sees an increased Direct Tax collection, exceeding by Rs 50000 crores that was originally budgeted at Rs 11.50 lakh crores

Budget 2019: Piyush Goyal, PM Modi hail the contributions of the middle class in country’s economy, bring tax relief

Piyush Goyal showers praise for the middle class, as he announces major benefits and tax relief.

Two years post Demonetisation, a journey towards new India has begun

Demonetisation was an important step in building a culture where tax compliance is a habit. Demonetisation and GST are heralding the New India.

Income Tax collection in the country reaches a new record, Rs 10.03 Lakh Crores in 2017-18

Direct Taxes collections this year have exceeded budget expectations.

Demonetisation and GST impact? Direct tax collections soar to highest in 7 years

Finance Ministry says the record amounts of revenues collected is an indicator of positive impacts of various financial policies

Latest News

Kerala Gold smuggling case accused arrested in Bengaluru, opposition parties accuse Pinarayi Vijayan govt of facilitating the escape

Two key accused in Kerala gold smuggling case Swapna Suresh and Sandeep Nair arrested from Bengaluru by NIA

Aakar Patel abuses Amitabh Bachchan and Sachin Tendulkar – reasons go beyond hatred for Modi

The 'Woke' secular-liberal camp of current times is defined by its elitist arrogance and crass snobbery. 'Human rights activist' Aakar Patel is one such specimen.

18 personnel at Raj Bhavan in Mumbai test positive for Coronavirus, Governor under self-isolation

Maharashtra governor Bhagat Singh Koshyari in self-isolation after,18 personnel at Raj Bhavan tested positive for Coronavirus

The Caravan’s ‘health journalist’ is upset that BMC sanitised the Bachchans’ residence after Amitabh and Abhishek test positive for coronavirus

Health journalist Vidya Krishnan shows ignorance of health protocol for Coronavirus, objects to sanitisation of COVID-19 patient

Sachin Pilot quitting Congress? Kapil Sibal ‘worried’ for Congress, tweets about ‘horses leaving stables’

Political crisis in Rajasthan seems have deepened as senior Congress leader Kapil Sibal took to Twitter to express his concern for the grand old party.

Recently Popular

The curious case of ‘Drone Boy’ who has made 600 drones using broken mixer grinders and televisions. A fact-check

While 'drone boy' Prathap NM has claimed to have made 600 drones using e-waste, not a single photo or video of them exist

‘Drone boy’ Prathap NM makes a statement after OpIndia fact-check: Here is why his explanation makes little sense

'Drone boy' Prathap NM says he won't show his drones due to intellectual property issues, but will show certificates from unregistered events

Stand-up comedian apologises for insulting memorial to Chhatrapati Shivaji Maharaj in Arabian sea after MNS workers vandalised studio

The stand-up 'comedian' Agrima Joshua had made scornfully derisive remarks in her video against the Chhatrapati Shivaji Maharaj memorial that is going to be erected in the Arabian Sea

Sachin Pilot reaches Delhi with 25 MLAs amid speculations of Rajasthan government collapse, Gehlot holds late night meetings

Ashok Gehlot claimed that the State government was stable and would continue to remain so despite all efforts to the contrary

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