« Top Headlines » Open DEMAT Account in 24 hrs  New Income Tax Act: ITR forms to be issued prior to FY28, says govt  GSTR-9C Explained: Turnover Limit, Due Date, Statement Format & How to Prepare It in Tally Prime (2025 Update)  Will Income Tax Department release new ITR forms by January 2026? Finance Ministry says this  The Government of India has strengthened MSME protection through strict payment rules, ensuring that Micro & Small Enterprises receive timely payments from buyers. Under the MSME Development Act (MSMED Act), 2006, buyers must make payments within:  ITR Refund Delays in India: Why They Happen & How to FastTrack Your Refund in 2025  ITR Refund Delay: From Bank Errors To Department Checks, 5 Big Reasons Your Refund Gets Stuck  Income Tax Slabs 2025: New Vs Old Regime; Which One Is Better For You For FY2025-26?  Seamless Integration: How Tally Prime Connects Businesses to the Digital Economy  Govt to notify new ITR forms, Income Tax Act 2025 rules by January 2026: CBDT chief  Digital Efficiency for MSMEs: The Tally Prime Advantage  5 Ways Tally Prime Reduces Cost and Boosts Productivity for Startups «  ‘Legal framework to back advanced payment and settlement... CBDT norms to address taxpayers` grievances... » Small cities clock smart growth in I-T collections October, 27th 2006 Finance minister’s recent observation that smaller cities have begun paying more taxes is borne out by numbers. Regional centres like Patna, Bhubaneswar, Bhopal and Jaipur also seem to have chipped in to the 40% growth in total income tax collections in the first half of the current fiscal. In fact, growth in personal income tax collections from these centres has been much higher than the national average of 26% in the first half of the current fiscal. Bhubaneswar recorded a growth of 186% in personal income tax collections. Tax collections till September ’06-07, stood at Rs 539 crore, as against Rs 189 crore in the same period of the previous fiscal. Guwahati too, registered a 72.13% growth in personal income tax collections, touching Rs 341 crore in April-September ’06-07. Jaipur zone has witnessed a 51.1% growth. Personal income tax collections from the regional centre grew from Rs 323 crore in April-September ’05-06 to Rs 488 crore in April-September ’06-07. In fact, Jaipur also witnessed the highest growth in corporate tax collections. It witnessed a rise of 209.2%, as against the national average of 47.9% in corporate tax collections which rose from Rs 348 crore in April-September ’05-06 to Rs 1076 crore in April-September ’06-07. Bhopal has witnessed a growth of 44.96% in personal income tax collections from Rs 639 crore in April-September ’05-06 to Rs 927 crore in the first half of the current fiscal. Hyderabad also saw similar growth levels. Personal income tax collection in first half this fiscal grew by 45% to Rs 1,443 crore from Rs 995 crore in corresponding period last fiscal. Patna witnessed a growth of 37.6% in personal income tax collections. Collections rose from Rs 280 crore in April-September ’05-06 to Rs 386 crore in April-September ’06-07.