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GST, which will replace more than a dozen central and state levies like factory-gate, excise duty, service tax and local sales tax or VAT, is Indias biggest tax reform in the 70 years of independence. (Phtoto: Representational/PTI)

GST mop-up at Rs 90,669 crore in August

GST mop-up for July stood at Rs 94,063 crore, up from the initial projection of Rs 92,283 crore.

26 Sept 2017 8:31 PM IST

The income-tax department had booked Mr Bhandari under the new act, called the Black Money (Undisclosed Foreign Income and Assets) and Imposition of Tax Act, 2015. (Photo: PTI)

NPA-laden PSU banks crimp advance tax mop-up at 10.6 per cent

The tax department has asked its officials to keep a close vigil on the forthcoming quarterly results by large...

19 Sept 2017 6:33 PM IST

The government has tasked taxmen with bringing half the 6 crore private businesses in India in the GST net. Photo: PTI

India eyes spending cuts as glitches in GST hit revenue

Economic growth, could take a further hit if the public spending that largely underpinned expansion were to be slashed.

18 Sept 2017 8:22 PM IST

The Union finance ministry said that there were some complaints that the taxpayers are not being able to log on to the e-filing website of I-T department or not being able to link Aadhaar with PAN.

Direct tax revenue grows 17.5 pc to Rs 2.24 lakh cr in Apr-Aug

The government estimates to collect Rs 9.80 lakh crore from direct taxes in the current fiscal.

11 Sept 2017 7:44 PM IST

Besides banks merger, PM Modi cited the rollout the Goods and Services Tax (GST), which amalgamated 17 central and state taxes, among the bold measures taken by the government. (Photo: ANI | Twitter)

Modi calls for 'tax-plus one' system of honest tax payment

During 2017-18 fiscal, the direct tax to GDP ratio at 5.98 per cent is the best in the last 10 years.

25 Oct 2018 11:12 AM IST

Union Minister Arun Jaitley said that Congress had no real issue and was hence resorting to manufacturing. (Photo: File)

Number of direct taxpayers may double to 7.6 cr during 5 yrs: Jaitley

The number of direct taxpayers was 3.8 crore when the Modi-led government took office in May 2014.

12 Oct 2018 12:35 PM IST

Interestingly, the CBDT chiefs move to make officers comply by seeking a compliance report every three months gives room for hope for justice for the taxpayer.

Gross direct tax collection grows 16.7 pc to Rs 5.47 lakh crore in...

The Central Board of Direct Taxes has collected Rs 2.10 lakh crore as advance tax.

4 Oct 2018 12:39 PM IST

The Income Tax Department has detected undisclosed income of over Rs 10,000 crore in fiscal 2017-18, thus recording a 20 per cent surge over the previous fiscal.

Rs 29,088 crore indirect tax evasion detected during April-Oct

The total number of cases where service tax was evaded stood at 1,145 involving Rs 22,973 crore.

21 Nov 2018 3:36 PM IST

Minister of State for Finance clarified that as per an earlier decision of GST Council, states may choose any date before June 1 to implement e-way bill. (Photo: ANI)

Revenue dept plans linking e-way bill with FASTag to check GST evasion

The integration of the e-way bill system with FASTag and LDB is expected to help boost tax collections.

19 Nov 2018 3:04 PM IST

The success in divestments and encouraging goods and services tax collections will help government reduce pressure on the fiscal math, says a report. (Photo: PTI/Representational)

50 pc increase in indirect taxpayer base post GST: Economic Survey

GST collections in July was over Rs 95,000 crore, while in August figure was over Rs 91,000 crore.

29 Jan 2018 3:36 PM IST

According to a report in NDTV, megastar Kamal Haasans well-admired column in Ananda Vikatan magazine was a caustic observation of the Centres tax collection procedure. (Photo: File)

Like Kalam, I too dream of a good TN: Kamal Haasan on Dravidian...

Haasan also said, a celebration of Dravidian' all across South India and not just in TN will help them 'speak in chorus...

18 Jan 2018 3:13 PM IST

The e-filing facility for ITR-1, which is to be enabled from April 1, will have an online tax calculator and ITRs can be filed till the stipulated deadline of July 31.

Direct tax mop-up jumps 19 pc to Rs 6.89 lakh cr this fiscal

Collections till January 15, 2018 represent over 70 pc of Rs 9.8 lakh crore revenue target from direct taxes.

17 Jan 2018 5:32 PM IST