About 2.2 crore income tax returns filed belonged to those earning between 7 lakh and 10 lakh in 3023-2024
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The rise is driven by an growth in both personal income tax (PIT) and corporate tax collections, amounting to Rs 4.47 lakh crore and Rs 2.22 lakh crore, respectively
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Karnataka State GST authorities had issued a pre-show cause notice for the payment of GST related to expenses incurred by its overseas branch offices
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This rule, effective from 1 October, will look to combat tax evasion related to undisclosed foreign assets, as mandated under the Black Money Act
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Ahead of the Union Budget 2024, the tech industry is urging for increased investment in education and skilling to address the gap noted in the Economic Survey
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