Latest Expert Exchange Queries

GST Demo Service software link: https://ims.go2customer.com
Username: demouser Password: demopass
Get your inventory and invoicing software GST Ready from Binarysoft info@binarysoft.com
sitemapHome | Registration | Job Portal for CA's | Expert Exchange | Currency Converter | Post Matrimonial Ads | Post Property Ads
 
 
News shortcuts: From the Courts | News Headlines | VAT (Value Added Tax) | Placements & Empanelment | Various Acts & Rules | Latest Circulars | New Forms | Forex | Auditing | Direct Tax | Customs and Excise | ICAI | Corporate Law | Markets | Students | General | Mergers and Acquisitions | Continuing Prof. Edu. | Budget Extravaganza | Transfer Pricing | GST - Goods and Services Tax
 
 
 
 
Popular Search: due date for vat payment :: VAT RATES :: form 3cd :: empanelment :: ACCOUNTING STANDARDS :: VAT Audit :: TDS :: ICAI offer Get Windows 7,Office 2010 in Rs.799 Taxes :: articles on VAT and GST in India :: Central Excise rule to resale the machines to a new company :: ACCOUNTING STANDARD :: ARTICLES ON INPUT TAX CREDIT IN VAT :: cpt :: TAX RATES - GOODS TAXABLE @ 4% :: list of goods taxed at 4%
 
 
Direct Tax »
 Tax liability on taxable income: Clarification from CBDT is a must
 Income Tax Returns (ITR) filing for salaried staff, others: Advance tax payment deadline nearing, pay or face penalty
 To avoid extra TDS, give tax-saving proofs
 TDS on Rent under section 194I of Income Tax Act
 New direct taxes code aims for lower rates, wider base
 Towards a new direct tax system
 Central Board of Direct Taxes (CBDT) signs two Indian Advance Pricing Agreements (APAs) in November, 2017
 CBDT asks I-T to slap higher tax rate on fraudulently revised ITRs
 CBDT to accept transfer pricing MAP sans riders
 CBDT relaxes norms for MAP & APAs
 CBDT directs I-T Dept to closely examine all revised ITRs filed after demonetisation

India's Direct Tax Collection Grew By 41.2%.
May, 26th 2008

The net direct tax collections in India as on 31st January stood at Rs. 1,56,429 crore, which is up by 41.2% over the collection of Rs. 1.10,780 crore in the corresponding period last year.
Corporate tax collections were up by 48.6% at Rs.97,787 crore while personal income tax (including FBT) was up by 27.5% at Rs.54,185 crore. Securities Transaction Tax (STT) and Banking Cash Transaction Tax (BCTT) stood at Rs.3,812 crore and Rs.404 crore, growing by 90.2% and 72% respectively.
The Fringe Benefit Tax (FBT) also experienced a healthy growth rate of 41.6% and stood at Rs.3,984 crore.

The collection of personal income taxes have improved further during January 2007, indicating higher tax deductions at source (TDS). Earlier, in December 2006, the increase of Rs.35,469 crore in tax collection was mostly on account of the December installment of advance tax, indicating continued stronger performance by India Inc.

More over the Net direct tax collections have grown by 41.2% so far, outpacing the targeted growth of 27.5% as per the Budget Estimates for the fiscal 2006-07.

 
 
Home | About Us | Terms and Conditions | Contact Us
Copyright 2017 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd.
Software Outsourcing Company Offshore Software Outsourcing Software Outsourcing Company India Offshore Outsourcing Company India Software BPO Software Business Process Outsourcing Software Outsourcing India Offsho

Transfer Pricing | International Taxation | Business Consulting | Corporate Compliance and Consulting | Assurance and Risk Advisory | Indirect Taxes | Direct Taxes | Transaction Advisory | Regular Compliance and Reporting | Tax Assessments | International Taxation Advisory | Capital Structuring | Withholding tax advisory | Expatriate Tax Reporting | Litigation | Badges | Club Badges | Seals | Military Insignias | Emblems | Family Crest | Software Development India | Software Development Company | SEO Company | Web Application Development | MLM Software | MLM Solutions