Tag: tax
Indirect tax up 27% in Apr-Aug; direct tax 15%
Government's revenue collection in the first 5 months of current fiscal has shown impressive growth, with indirect taxes up 27.5 per cent and direct...
Moderate taxes and high evasions cannot coexist: Jaitley
Amid intense speculation over the rate of Goods and Services Tax (GST), Finance Minister Arun Jaitley on Saturday said moderate taxes and high evasions cannot...
Only 14 lakh individuals fell in highest tax bracket of 30%...
Only 14 lakh individuals out of the 2.89 crore assessees in the country declared an annual income of over Rs 10 lakh, attracting the...
Uncle Sam racks up the income tax bill for Olympic athletes
Michael Phelps swims fast, but not fast enough to beat Uncle Sam, who awaits him at the finish line each time he wins a...
Modi assures middle class an end to tax terrorism
Prime Minister Narendra Modi on Monday assured tax payers that he will remove the fear of taxman hounding them by ushering in accountability and answerability.
"Middle class,...