corporate tax

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    Tax Provisions Shift: Govt. Implements Finance Act 2026

    New Delhi, March 31 The government has notified the Finance Act 2026, paving the way for changes in tax provisions.This Act implements the financial proposals of the central government for 2026-27, a gazette notification dated March 30 issued by the Ministry of Law and Justice said."The...
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    Finance Bill Amendment: 12% Surcharge on Share Buybacks

    New Delhi, March 25 A flat 12 per cent surcharge will be levied on capital gains earned by individual or corporate shareholders from selling shares in company buyback offers, starting April 1, as per the amendments to the Finance Bill approved by the Lok Sabha on Wednesday.The government...
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    SJVN Announces New Director (Finance), Parthajit De

    New Delhi, March 19 State-owned SJVN Ltd announced on Thursday that it has appointed Parthajit De as its Director (Finance) for a five-year term, starting March 19, 2026.As a result of De's appointment, Sipan Kumar Garg ceases to hold the additional charge of the post of Director (Finance) and...
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    Direct Tax Collection Up 7.1% to Rs 22.8 Lakh Crore

    New Delhi, March 18 The net direct tax collection grew by 7.1 per cent to about Rs 22.8 lakh crore till March 17 of this fiscal, due to slower refunds and higher corporate tax collection.Data released by the Income Tax Department on Wednesday showed that net corporate tax collection grew by...
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    Business Chambers Urge Tax Reform in Pakistan

    New Delhi, March 3 – Pakistan’s high tax regime is stifling the formal economy, particularly industrial businesses, yet there seems to be no realization within the Federal Board of Revenue (FBR), which continues to extract heavily from the top 1 per cent of the population, according to an...
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    India's Direct Tax Revenue Reaches Rs 19.44 Lakh Crore

    New Delhi, February 11 Net direct tax collection grew by 9.4 per cent to approximately Rs 19.44 lakh crore in the current fiscal year until February 10, driven by slower refund processing and increased corporate tax collection.Data released by the Income Tax Department on Wednesday showed that...
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