Thursday, February 9, 2023
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Income Tax

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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

PSU executives seek PM’s intervention in revising tax exemption limit of leave encashment

PSU Watch Bureau -
NCOA, a body of PSU executives, has urged PM Modi to enhance the limit of tax exemption of leave encashment of retirement from Rs 3 lakh to Rs 25 lakh
News Updates

Widen tax base, do away with cess and surcharges: Experts

PSU Watch Bureau -
Widening of tax base, doing away with cess and surcharge, improvement in compliance & moderation in tax were some suggestions given to FM
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
News Updates

Net direct tax mop up rises 23% to Rs 7.04 lakh cr so far this fiscal

PSU Watch Bureau -
The net direct tax collection has increased 23 per cent to Rs 7.04 lakh crore so far this fiscal, the income tax department said
News Updates

45% rise in net direct tax mop-up, over Rs 3.39 lakh crore collected till mid-June

PSU Watch Bureau -
The net direct tax collections till mid-June this fiscal increased 45 percent to over Rs 3.39 lakh crore

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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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