Contraction in corporate tax revenue may be explained by unlisted firms delaying tax payments in Q1FY24
Falling revenue estimates for firms may be leading them to again choose to push back their advance tax payments, says…
Falling revenue estimates for firms may be leading them to again choose to push back their advance tax payments, says…
This reveals that tax collections increased by more than 36.11% during the fiscal year 2019-20 to 2020-21.
With this, the states' aggregate gross fiscal deficit (GFD) will not only get expanded to an all-time high of Rs 8.7 lakh crore, or 4.7 per cent of GSDP.
The Goods and Service Tax (GST) has resulted in the greater formalisation of the Indian economy with over 6.5 lakh…
India’s direct tax collection between April and December in the current fiscal at Rs 6.56 lakh crore was 18.2 per…
