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Direct Tax »
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 Clarification on Indirect Transfer provisions in case of redemption of share or interest outside India under the Income-tax Act, 1961
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 CBDT extends due date for filing Income Tax Returns and Tax Audit Reports

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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