Direct Tax-GDP Ratio Grows Times Two for FY 2024-25
The Indian economy is gradually recovering, and when analyzing citizens’ contributions to overall output, the direct tax-to-GDP ratio for FY24 reached 2.12, up from 1.18...
Tag : income tax
Differentiate Direct Tax & Indirect Tax in India with Example and List
Introduction People residing in a country have to necessarily pay the taxes to the government of that country. Taxes come in different forms. Whether you...
Income Tax Rules Effective from October 1, 2024: Union Budget 2024-25
The Securities Transaction Tax (STT) for futures and options (F&O) trading will increase from October 1, 2024. The tax rates for Futures & Options (F&O)...
An In-depth Guide to Government Bonds in India: Exploring Types and Benefits
What are Government bonds? Government bonds, also known as G-Secs or Government Securities, are debt securities issued by the central and state governments of India....
ITR Filing for Intraday Traders in India
Introduction: Nowadays, everyone is into Intraday trading, it has gained popularity among Indians rapidly since 2020. To tell you briefly about it, Intraday Trading involves...
Major Changes for Investors and Taxpayers Applicable from 1st April 2023
Finance Minister, Shrimati Nirmala Sitharaman, announced major changes in the Budget 2023 and the Finance Bill 2023. The reforms were unveiled for the tax-paying, hard-working...
CBDT Targets 12% Increase in Tax Filers This Fiscal Year
The Union government is seeking to widen the tax base, targeting a 12% increase in new filers this financial year, compared with 8% in FY22,...
The IT Dept publishes big tax defaulters names
The income tax department took the strategy of ‘naming and shaming’ of some large tax defaulters. “The step is aimed to publicise and put these...
Advice for – Tuesday, December 29, 2009
Important Note: Now multiply your wealth from 6-10 times in 4-6 years with EquityPandit’s Investors portal which is going to be launched soon. Don’t forget...