The Centre’s direct tax collection from corporations and individuals after adjusting for tax refunds has reached ₹15.8 trillion so far this year, jumping 16.45% over the previous year and outpacing the budget estimate. While non-corporate tax collection from individuals and other entities like partnerships and local authorities, after adjusting for refunds, recorded a 22% jump so far this year to …
Before a budget, there is always an element of kite flying to get a feel how popular or unpopular a move will be. Savers will contribute a greater share - 3.45 per cent - of income tax receipts in this tax year than at any time since 2007/08, according to Coventry Building Society. Jeremy Cox - Coventry BS During the …
For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Indicating that employer NICs were in her sights, she …
Table of Contents What is Patta & Chitta? A few of them needed in general to apply for Patta Chitta online are, Address Proof Encumbrance Certificate Land tax receipts Sale Deed Identity proof Land ownership documents Record of Rights Mutation Register Extract Old Patta or Chitta Documents Power of Attorney Copy of Layout Approval Steps to Obtain Patta Chitta Certificate …
The number of property tax receipts generated by the Greater Chennai Corporation had reduced by around 60% in the past seven weeks when compared with the same period last year. The tax collection has also fallen to ₹47 crore, from ₹143 crore in the same period last year. Kodambakkam, Ambattur, Teynampet, Adyar, Perungudi, and Anna Nagar were some of the …
Goods and Services Tax collections touched ₹1.68 trillion in November as festive demand lifted sales, but the figure was lower than October’s receipts of ₹1.72 trillion. A finance ministry statement said that November GST revenue receipts showed a 15% improvement from the year-ago period, the fastest pace of growth the indirect tax has registered since its inception in 2017. The …
The Budget for the year 2023-24 is around the corner. It is divided mainly into two sections —Budget Receipts and Budget Expenditures. The Budget Receipts comprise – Capital Receipts and Revenue Receipts Capital Receipts: Capital Receipts are the receipts that either create liability or cause a reduction in assets for the government. Revenue Receipts: Revenue Receipts are receipts that neither …
Labor treasurers have always come into office feeling they have to do a lot more to prove their fiscal credentials than the Coalition. But it is doing this not just to boost the budget bottom line next financial year and for the three years beyond but in clear recognition that it will need impeccable budget credentials to lead a debate …