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.
In this connection, Modi noted that states like Karnataka and Gujarat undertook tax reduction for the welfare of the people despite revenue loss while their neighbouring states earned revenue by not reducing the tax.
The decision would force customers to bear an additional five-eight per cent of expenses on the overall tax payment amid a power crisis surging demand for inverter system.
Finance minister also announced the implementation of an urban wage employment scheme, on a pilot basis, to provide gainful employment to urban poor
Trump paid no income taxes at all in 10 of the previous 15 years - largely because he reported losing much more money than he made, the report said.
Currently, two-wheelers costing upto Rs 1.5 lakh are taxed at 9 per cent of the vehicle cost, while those between Rs 1.5 lakh to Rs 3 lakh at 12 per cent. The vehicles costing more than Rs 3 lakh attract 15 per cent tax, as per the data.
