Tag: Central Board of Direct Taxes (CBDT)

Net direct tax collection rises 21% to ₹4.62-lakh crore this fiscal

Crime Today News - 18/06/2024

[ad_1] Net direct tax collection grew 21 per cent to ₹4.62-lakh crore so far this fiscal on higher advance tax mop-up, the income tax department said on Tuesday.The first instalment of advance tax, which was due on June 15, showed...

Cost Inflation Index set higher at 363, long term capital gain to be lower on land, trademarks, patents

Crime Today News - 25/05/2024

[ad_1] Long-term capital gain liability on the sale or transfer of any capital asset, such as land, property, trademarks and patents is expected to be lower this year as Cost Inflation Index (CII) for Financial Year 2024-25 has been fixed...