More services to taxpayers to boost compliance: CBDT Chief
CBDT Chairman Nitin Gupta said robust tax collection numbers projected in the budget are attributable to multiple factors, including higher compliance.
taxpayers
February 2024
January 2024
August 2023
February 2023
January 2023
Budget 2024: No change in income tax slabs this time
FM says over the last 10 years, direct tax collections have trebled and return filers have swelled 2.4 times
Over 8 cr ITRs filed till December 31 for AY2023-24: FinMin
Audit reports and other forms filed during the period totalled 1.60 cr, marking an increase from 1.43 cr audit reports and forms filed in the year-ago period.
Average income of taxpayers up from ₹4.4 lakh in FY13 to ₹13 lakh in FY22
The average income is expected to touch ₹50 lakh in 2047, says SBI Research
Save More Under New Tax Regime
Finance minister has proposed major tax reforms in a push to the new tax regime. Here's how much you can save.
Reduce TDS slabs, avoid disputes, industry tells govt
The wide variety of TDS rates creates confusion for the taxpayers, increases compliance burden, and gives rise to characterisation disputes, says industry chamber CII.
