Wed, Sep 18, 2024
As of September 15, the government's advance tax collections stood at Rs 4.23 lakh crore and net direct tax collections at Rs 9.92 lakh crore, up 19 per cent and 15 per cent over a year ago, according to official data released on Wednesday.
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Tue, Jun 18, 2024
The government's direct tax collections so far this financial year (April 1 to June 17) stood Rs 4,62,664 crore, up 21 per cent on a year-on-year basis, official data showed on Tuesday.
Tue, Mar 12, 2024
Advance Tax Filing Deadline: The Income Tax Department (I-T) is running an advance tax e-campaign. Under the programme, it is informing taxpayers to deposit the due amount of advance tax by March 15. Advance tax is not for every taxpayer. Know what is advance tax? Is it different from normal tax? How do you pay it? And, what will be the penalty if you miss the advance tax deadline?
Fri, Dec 30, 2016
Government's direct tax kitty has swelled to Rs 5.57 lakh crore between April 1 and December 19, thereby achieving 65 per cent of budget estimates.
Wed, Dec 14, 2016
If your do not pay Advance tax as per the schedule, you will become liable to pay interest under section 234B and 234C.
Fri, Jul 08, 2016
The figures for direct tax collection up to June, 2016 indicates net revenue collection of Rs 1.24 lakh crore which is a growth of 24.79% over the corresponding period last year.
Wed, Jun 15, 2016
The impact of Non-Performing Asset (NPA) recognition has hit tax payments by state-run lenders in the financial capital, but the steel and pharma sector companies have posted handsome increase for the June quarter advance tax outgo.
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