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Sunday, June 23, 2024
TopicDirect tax

Topic: direct tax

Net direct tax collection rises 18% year-over-year in FY23, announces government

In FY22, the government had collected Rs 14.12 trillion as net direct tax. Personal income and corporate tax make up most of the country's direct tax mop up.

On Camera

NTA was supposed to rescue exams from ‘Munna Bhais’. Now it’s part of the problem

National Testing Agency’s charter is to assess the 'competence of candidates' for admission and recruitment, but NEET and UGC-NET firestorms have put its own competency in question.

Fewer millionaires set to emigrate this yr, India produces ‘far more’ than those leaving — Henley report

The report predicts net emigration of 4,300 millionaires in 2024, lower than the outflow in 2023 & 2022. Congress has raised concerns about the outflow of HNIs from the country.

Army hospital commandant says no misuse of disability pension grant. ‘Scrutiny at all levels’

Lt Gen Nilakantan says revised Entitlement Rules & Guide to Medical Officers for pensions had been revised to rationalise disability classification, quantification & granting of disability.

Modi’s new universe: the normal irritants of democracy & awkward chai with Rahul Gandhi

Changed reality for Modi govt in its 3rd innings is by no means rise of a new phenomenon. It's a return to old normal where even majorities had to routinely wrestle with storied million mutinies.