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Direct Tax »
 Advance tax calculation: Firms may have to furnish Apr-Sept income estimates
 Companies may have to furnish Apr-Sept income estimates to I-T dept
 CBDT working on a draft rule that makes it compulsory for companies to provide income estimates by Nov 15
 Companies, HNIs may soon have to specify reason for paying less advance tax than previous year
 TDS Applicability On Government Contracts Under Gst (Under Section 51 Of The Cgst Act, 2017)
 CBEC tells field officers to take GST disputes to Supreme Court
 Jurisdiction-free income-tax assessment on the cards
 CBDT asks I-T department to take urgent steps
 TDS on interest on deposits made under the Capital Gains Accounts Scheme, 1988 where the depositor has deceased
 Tax evaders set to face action: CBDT chairman Sushil Chandra
 Income-tax department calls big corporate entities to pay advance taxes

India Apr-Nov direct tax receipts up 22.2 pct - govt
December, 06th 2008
India's direct tax receipts during April to November period rose 22.2 percent from a year earlier to 1.77 trillion rupees, the finance ministry said in a statement on Friday. Corporate tax receipts were up by 26.8 percent at 1.1 trillion rupees in the first eight months of 2008/09 fiscal year, while income tax collections grew by 15.3 percent to 672.15 billion rupees, it said. Direct tax collections have already reached 48.56 percent of the budget estimate of 3.65 trillion rupees for 2008/09, it added.
 
 
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