Wednesday, February 8, 2023
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US industry urges FM to rationalise, simplify direct & indirect taxes in India

PSU Watch Bureau -
A top US strategic and business advocacy group has urged Union Finance Minister to simplify and rationalise direct and indirect taxation system in India
News Updates

Net direct tax collection grows by 24% to Rs 8.77 lakh cr: Finance Ministry

PSU Watch Bureau -
The net direct tax collection grew by 24 percent to Rs 8.77 lakh crore in the April-November period of the current fiscal, said the Finance Ministry
News Updates

Rationalisation in long-term capital gains tax structure: Finance Ministry

PSU Watch Bureau -
Finance ministry to rationalise long-term capital gains tax structure by bringing parity between similar asset classes & revising base year
News Updates

5 lakh taxpayers pay Rs 400 cr additionally by filing updated ITRs

PSU Watch Bureau -
'So far about 5 lakhs updated ITRs have been filed and about Rs 400 crore taxes have been paid,' said a senior government official
News Updates

Tax collection to exceed budget estimate by nearly Rs 4 lakh crore: Revenue Secretary

PSU Watch Bureau -
India's tax collection will exceed the budget estimate by nearly Rs 4 lakh crore due to income tax, customs duty and GST mop-up, said Revenue Secretary
News Updates

Budget 2023 should focus on job creation & steps to broaden tax base: CII to FM

PSU Watch Bureau -
Budget 2023 should focus on measures to accelerate job creation and broaden the tax base by rationalising GST and personal income tax slabs to boost consumption, said CII
News Updates

Finance Ministry extends ITR filing deadline for companies till November 7

PSU Watch Bureau -
The Finance Ministry has extended the deadline for filing ITR for the assessment year 2022-23 by businesses till November 7

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PSU Watch is a business news brand of 27 Frames Communications LLP. It places the spotlight on PSUs, Governance, Bureaucracy, Defence and Public Policy as the sector traverses through a period of radical change.

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