Living Tax-Free: Countries Where Personal Income Tax Doesn’t Apply
In a world where earnings often come hand‑in‑hand with taxes, a select group of countries stand out for their unique fiscal regime: no personal...
Budget 2024: FM Propose to Increase Standard Deduction under Income Tax Act for Salaried Employees [Read Bill]
The Union Finance Minister ( FM ) Nirmala Sitharaman presented the full-budget 2024 today before the parliament at 11 am. In regard to Personal Income Tax Rates, the FM announced the proposal to...
Budgetary Milestone: Direct Tax Collections Hit Rs. 14.70 Lakh Crore, Making Up 80.61% of FY 2023-24 Budget Projections
As of January 10, 2024, India's Direct Tax collections have depicted a robust and consistent growth trajectory, signifying a commendable performance in the country's fiscal domain. The provisional...
"CBDT should ensure timely and appropriate actions on all applications filed by taxpayers" Union FM Nirmala Sitharaman Reviews Periodic Review Meeting of CBDT
On 25th April 2023, the Union Finance Minister Nirmala Sitharaman chaired the periodic review meeting of the Central Board of Direct Taxes (CBDT). Apart from the Finance Minister, Revenue Secretary,...
