Post-budget profit booking continues in the market; Sensex, Nifty close in red

Jul 24, 2024

Indian markets closed on a decline on Thursday, a day after the government proposed an increase in capital gains tax and a hike in...

Income Tax dept selects 68,000 high-value transaction cases for e-verification

Mar 13, 2023

CBDT chief Gupta said that the I-T department had taken several progressive steps to encourage voluntary tax compliance and facilitate a transparent and non-intrusive...

ICRA analytics anticipates potential changes in interim budget FY2024-25

Jan 17, 2024

The demand for eliminating the Security Transaction Tax (STT) is gaining momentum, and its removal is expected to attract more investors to the domestic...

Gross Direct Tax collection sees 19.94 per cent growth as of January 12

Jan 13, 2025

Corporate tax (CT) contributed Rs9.72 lakh crore, while non-corporate tax (NCT) stood at Rs10.45 lakh crore. Collections from Securities Transaction Tax (STT) surged to...

IT dept prepares to tax 30 per cent profits made on crypto transactions

Mar 31, 2022

New Delhi [India], March 31 : The Income Tax Department will keep a close eye on every transaction on crypto exchanges as the 30...

STT collection hits all-time high; taxman rides on bullish stock market

Jul 15, 2021

New Delhi [India], July 15 : With Sensex witnessing record closing and Nifty hitting all-time high earnings, the Income Tax Department on Thursday has...