Discussion with litigants will happen after law to nullify retrospective tax comes into force: Finance Minister

Aug 09, 2021

New Delhi [India], August 10 : The Parliament on Monday passed a bill that seeks to do away with the contentious retrospective tax provision...

Parliament passes bill to nullify retrospective tax; Congress, TMC, DMK stage walk out in Rajya Sabha

Aug 09, 2021

New Delhi [India], August 9 : The Parliament on Monday passed a bill that seeks to do away with the contentious retrospective tax provision...

SBI Q4 profit jumps 80 pc to Rs 6,451 crore on lower provisioning

May 21, 2021

Mumbai (Maharashtra) [India], May 21 : Government-owned State Bank of India (SBI) on Friday reported a standalone net profit of Rs 6,451 crore for...

Net direct tax collections for 2021-22 grow over 74 pc

Sep 24, 2021

New Delhi [India], September 25 : The gross direct tax collections for 2021-22 have registered a growth of 47 per cent and the net...

The government will continue on the path to fiscal consolidation in FY25: SBI CAPS

Jul 10, 2024

The SBI report adds that the various avenues of income for the government such as corporate tax, income tax, customs duty, excise duty, Goods...

Ratio of corporate tax collection to GDP exceeds 3% in FY22 after 2 years

Jan 02, 2023

The net corporate tax collection was Rs 7.12 lakh crore in 2021-22 while GDP was at Rs 236.64 lakh crore at current market price....