corporate tax

Advance tax mop-up falls 25.5 per cent in second quarter, led by plunge in corporate tax: Source

During the year-ago period to September 15, 2019, total advance tax collection had stood at Rs 2,12,889 crore, down from Rs 3,70,652 crore a year ago.

published on : 18th September 2020

I-T refunds worth Rs 71,229 cr issued to 21.24 lakh taxpayers during April 8-July 11

The Central Board of Direct Taxes (CBDT) further asked taxpayers to provide immediate response to emails of the department for quick processing of their refunds. 

published on : 17th July 2020

CBDT notifies forms for firms to avail lower corporate taxes

Companies opting for these new tax rates will have to forego all exemptions and incentives.

published on : 14th February 2020

Corporate tax to GDP ratio to be 13-year-low in FY20

The double whammy meant that the corporate tax-to-GDP ratio will touch 2.98 per cent in FY20 — a 13-year-low.

published on : 5th February 2020

What can the government do for the salaried in this budget?

The salaried class has been hoping for tax relief ever since the government announced a steep cut in corporate tax in Sept 2019.

published on : 14th January 2020