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Gross collection of direct taxes for 2022-23 stood at Rs.13,63,649 crore, registering a growth of 25.90%

Direct tax collections up 19.81% at Rs.11,35,754 cr till Dec 17

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India's direct tax collection grows 26% to Rs.13.63 lakh cr for FY23 Direct tax collections stood at Rs.11,35,754 crore, as on December 17, 2022, up...
More evidence that P Chidambaram maybe the real owner of NDTV?

Chidambaram parked 40 million dollar bribe got from Aircel-Maxis deal in NDTV, informs Income...

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Whistleblower of NDTV frauds, Income Tax Commissioner Sanjay Kumar Srivastava has informed the Central Bureau of Investigation (CBI) that the former tainted Finance Minister...
Public sector banks bleed; taxpayer, customer pay

Public sector banks bleed; taxpayer, customer pay

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None of the Public sector banks presents a rosy scenario The third-quarter results of banks once again prove, if a proof is indeed needed, that...
Editors or brokers? To what depths has journalism sunk to?

Are Editors involved in Transfers & Postings in Income Tax Department?

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For an industry that is supposed to be the eyes and ears of the nation, the Fourth Estate is often found to be doing...
Seven reasons why the Arthakranti proposal is flawed

Why there is no kranti in the Arthakranti tax proposal

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Arthakranti Sansthan (literally, “Economic Revolution Organisation”) has proposed a rather radical tax and economic proposal which they believe (emphasis mine, not supported by empirical...
CBI probes IRS officers connected with NDTV tax assessments

CBI probe NDTV’s Income Tax assessment officer, journalist husband’s unaccounted income

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Central Bureau of Investigation's (CBI) preliminary investigation with the support of Income Tax department has unearthed illegalities and violations committed by two lady Income...
Any Agriculture income is tax exempt, creating Black money generation opportunities

Direct Taxes – Agriculture Income: A Black hole

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The government has at last released some tax numbers but not as comprehensively as it used to, under All India income Tax statistics till...
Increase in GST collection in March 2024 was mainly due to a notable rise in GST collected from transactions within the country

GST collection creates new record; touches Rs.1.78 lakh crore in March

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March sees second-highest gross GST revenue of Rs.1.78 lakh crore, lifts FY 24 collections to Rs.20.2 lakh crore India’s gross Goods and Services Tax (GST)...
Indian economy, when seen at PPP, is 3.6 times that of the UK, 2.1 times that of Japan and 2.5 times that of Germany

India pips Germany, Japan, UK in GDP (PPP) gains: Report

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India's economy sprang a surprise with an 8.4% surge in GDP growth during the third quarter India is yet again seen as a silver lining...
India is the top performer among the major economies in the last few years

Indian economy outperforming peers; projected to grow at 6.2% in 2024: UN economist

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India’s growth expected to rise to 6.6% in 2025, says UN economist With a projected growth rate of 6.2 percent for 2024, the "Indian economy...

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