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Banking Article Banking Finance Year 2025 March 2025

Implementation of New Tax Regime and Its Impact on Direct Tax Revenue

March 12, 2025March 12, 2025 admin 0 Comments Budget 2025, CBDT, deductions, DIRECT TAX, financial planning, Income Tax, new tax regime, Section 115BAC, tax collection, tax exemptions, tax reforms, tax-GDP ratio

1.Introduction: A tax is a compulsory transfer of funds from the private sector to the government. Among different sources of

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In coming months, I-T may reopen many big old cases

November 4, 2023 admin 0 Comments CBDT, Income Tax, Supreme Court, The Central Board of Direct Taxes

The Central Board of Direct Taxes (CBDT), guided by a Supreme Court (SC) order issued in April, has sent out

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Income Tax refunds of Rs. 1.49 lakh crore issued this fiscal

February 10, 2022 admin 0 Comments fiscal, Income Tax, refunds

Income Tax refunds of over Rs 1.49 lakh crore have been issued to 1.45 crore taxpayers so far this fiscal,

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