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Business News | Income and Corporation Tax Collection in 2021-22 Best in 5 Years: CBDT Chairman

Get latest articles and stories on Business at LatestLY. Direct tax collections surged to Rs 14.09 lakh crore in 2021-22 registering a year-on-year growth of 49.02 per cent on the back of strong growth in mop-up from income and corporation tax, Central Board of Direct Taxes (CBDT) Chairman J B Mohapatra said. Business News | Income and Corporation Tax Collection in 2021-22 Best in 5 Years: CBDT Chairman. ....

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Income and corporation tax collection in 2021-22 best in 5 years: CBDT Chairman

Direct tax collections surged to Rs 14.09 lakh crore in 2021-22 registering a year-on-year growth of 49.02 per cent on the back of strong growth in mop-up from income and corporation tax, Central Board of Direct Taxes (CBDT) Chairman J B Mohapatra said. ....

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Income tax alert Now pay more if you miss ITR filing for one year

In key direct tax proposals in Union Budget 2022, the government has proposed to make provisions related to deduction or collection at higher rates for non-filers more stringent. ....

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