New Delhi, February 12 High personal income tax collection does not necessarily mean that the middle class is being suppressed or crushed in the country, Finance Minister Nirmala Sitharaman said in the Rajya Sabha on Thursday.There is no evidence of any suppression of the middle class in the...
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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...
New Delhi, February 11 The Supreme Court on Wednesday dismissed a petition alleging the absence of a mechanism to inform people about their obligation regarding tax deducted at source (TDS) when purchasing property valued at more than Rs 50 lakh.A bench of Justices Vikram Nath and Sandeep...
New Delhi, February 10 The Supreme Court on Tuesday highlighted the practical difficulties faced by investigators in the digital age and stated that providing prior notice before a search and seizure could effectively end an investigation before it even begins.The top court was hearing a...