According to the latest figures released by the Central Board of Direct Taxes (CBDT), the net direct tax collection surged 15.4 per cent to Rs 12.1 lakh crore as of November 10, 2024, after refunds of Rs 2.91 lakh crore.
The Central Board of Indirect Taxes and Customs (CBIC) has introduced key relaxations for Customs Cargo Service Providers (CCSPs).This is in line with the PM Gati Shakti National Master Plan's goals of improving logistics infrastructure, efficiency, and promoting sustainable development.
Ben Franklin’s response, on 17 September 1787, to Philadelphia socialite Elizabeth Powel’s question, What have we got, a republic or a monarchy? is now a classic, A republic, if you can keep it.
She said that taxpayers could save up to Rs 17,500 with the revised tax structure.
Addressing a press conference ahead of the Centre's budget presentation, Atishi has requested for releasing more funds for the national capital, so the same can be used for the city's infrastructure and other important purposes.
The net direct tax collection includes Corporation Tax (CIT) at Rs 1,80,949 crore (net of refund) and Personal Income Tax (PIT), including Securities Transaction Tax (STT), at Rs 2,81,013 crore (net of refund).
The Comptroller and Auditor General (CAG) of India has pointed out at reported underpayment of excise duty worth Rs 1,078.09…
While for Smith a nation‘s economic state helps define its social and political structures, he categorically stated that the moral character of a people is the ultimate measure of their humanity. Smith offers models for how people should treat themselves and others. A blue-print of a just society was also offered by him in which the society concerns itself with its least well-off members, not just those with economic success. He had great belief in free market, yet in this system he did not want to see human beings merely as homo economicus
Presenting a budget of Rs 1,83,950 crore, the biggest in the state’s history, the chief minister said in this year’s budget, there is an increase of 11.6 per cent over Revised Estimates 2022-23 of Rs 1,64,808 Crore.
Asian Indians have the highest income among ethnic groups with a median household income of $119,000.
