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TAX COLLECTION 2022
India is plotting a game-changer for RBI, banks, corporates, investorsIndia is planning a high-frequency index to track its vast informal economy, covering millions of unincorporated companies. The proposed Mo...
Income Tax department labels her stock market trader, denies investor status; she fights and wins Rs 54 crore capital loss claim at ITATDolly Khanna successfully challenged the tax department's classification of her Rs 54 crore short-term capital loss as a business loss. The...
Elon Musk Net Worth: From $788,800,000,000 today to a possible $1,000,000,000,000 after SpaceX IPO— How much would each of his 14 children get?Elon Musk Net Worth June 2026: According to Forbes, Elon Musk’s fortune stood at approximately $788.8 billion on June 8, 2026. Some project...
India's new GDP yardstick: What changed, what did not, and what every investor should now read differentlyIndia changed the base year used to measure its economy from 2011-12 to 2022-23. The first full-year provisional numbers under the new yard...
Norms issued to estimate District Domestic ProductNew uniform guidelines for estimating district domestic product have been released by the statistics ministry, aiming for standardized indi...
GDP growth likely eased in January-March quarter on softer external demandIndia's economic growth is projected to have eased to 7.2% in Q1 2026, as weaker external demand and industrial activity tempered strong go...
Data spills at home; Green card limbo deepensHappy Tuesday! Recent data-collection experiments by on-demand platforms have drawn attention to Indian physical AI startups. This and more...
Understanding India's evolving crypto discourseIndia is actively shaping its digital asset future. Authorities are implementing stricter rules for crypto platforms and transactions. Tax ...
More accurate data soon: Big missing link in India's economy dashboard finally gets set to go liveCome July, India will unveil its inaugural Index of Services Production to correctly assess the pulse of the country's critical services se...
Kalpataru FY26 pre-sales up 17% to Rs 5,280 cr; Q4 net profit at Rs 194 crKalpataru delivered its strongest operational performance with record pre-sales, collections, and profit growth driven by strong demand acr...
Missed GST return filing? Your GST registration could be suspended; check the legal positionGST registration can now be suspended for even minor delays in filing returns, a shift from the previous six-month rule. Experts highlight ...
MPG killer: The one thing sitting on your car that's quietly emptying your tankThat unused roof rack is silently draining your wallet, costing you significant money on fuel. Tests reveal removing factory crossbars can ...
Meesho receives Rs 14.29 crore GST notice for non-collection of TCSValue commerce platform Meesho is contesting a Rs 14.29 crore tax demand. The Goods and Services Tax Appellate Tribunal issued the demand f...
HDFC Bank alerts clients on card swipe for overseas dealsIn recent times many resident individuals, banking with various financial institutions, have used cards to carry out international capital ...
Is the Indian middle class dream over? Saurabh Mukherjea on the 3 forces crushing your futureIndia's middle class is in deep trouble. Education no longer guarantees prosperity. Jobs are disappearing, especially in IT. Wages are not ...
India's direct tax collection stands at Rs 13,63,649 crore, records 25.9 per cent growthThe Gross collection of Direct Taxes (before adjusting for refunds) stood at Rs. 13,63,649 crore compared to Rs. 10,83,150 crore in the cor...
Corporate tax mop up grows 34% between April-JulyDuring 2021-22 fiscal, corporate tax collections stood at Rs 7.23 lakh crore, a 58 per cent growth over 2020-21 mop up. Even when compared ...
Tax collections soar to record Rs 27.07 lakh crore in FY22Gross tax collection of Rs 27.07 lakh crore during April 2021 to March 2022 compares with budget estimate of Rs 22.17 lakh crore, he told r...
GST collection in March at record high at Rs.1.42 lakh croreThe average monthly gross GST collection for the last quarter of the FY 2021-22 has been Rs 1.38 lakh crore and the Finance Ministry attrib...
Budget 2022: Five things FM Sitharaman can do to make life easier for income tax payers in IndiaIndia's tax laws are rather complex and for simple tax calculations too one has to do two computations to figure out which method of taxati...