Direct Tax

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Union Finance Minister Pranab Mukherjee on Sunday said the share of direct tax in the overall tax basket has increased considerably and would reach 12 per cent of the country's GDP soon. "The share of direct tax in the overall tax tax basket of the country ...
May 27, 2012 at 09:42 | Source: Daily News and Analysis
Kolkata, May 27 (PTI) Union Finance Minister Pranab Mukherjee on Sunday said the share of direct tax in the overall tax basket has increased considerably and would reach 12 per cent of the country''s GDP soon. "The share of direct tax in the overall tax ...
May 27, 2012 at 11:29 | Source: MSN India
Kolkata, May 27 : Union Finance Minister Pranab Mukherjee on Sunday said that the ministry has set a target for collection of direct taxes to the tune of Rs 5.7 lakhs crore for the current financial year. The minister was in the city to inaugurate an ...
May 28, 2012 at 05:09 | Source: New Kerala
KOLKATA, 27 MAY: Union finance minister Mr Pranab Mukherjee today said that the ministry has set a target for collection of direct taxes of Rs 5.7 lakh crore for the 2012-13 financial year with hassle-free income-tax return. He said this while inaugurating ...
May 27, 2012 at 23:39 | Source: Statesman
... (TIGTA), testified about 4,157 “potentially fraudulent tax refunds … totaling $6.7 million … deposited into one of 10 bank accounts. Each … account had direct deposits of more than 300 refunds.” The criminals also use debit cards ...
May 28, 2012 at 22:34 | Source: Forbes
The finance minister was recently reported to have said that the government will try to broaden the direct tax base in a bid to narrow the fiscal gap. This belated interest, expected earlier in the 2012-13 Budget, has been forced by several adverse ...
May 29, 2012 at 10:08 | Source: Livemint.com
If you've ever wondered how much money charities spend mailing you those glossy brochures and free address labels along with their request for a donation, the answer might surprise you. CNN has found that this type of direct-mail marketing cost ...
May 16, 2012 at 23:59 | Source: CNN
ISLAMABAD: Government should maintain an appropriate balance between direct and indirect taxes as ever-increasing burden of indirect taxes have adversely affected common man and businesses as well. Government should increase its dependence on direct taxes ...
May 19, 2012 at 20:43 | Source: Daily Times
House Majority Leader Paul Stam, R-Wake, announced the plan Tuesday at a rally organized to build support for the tuition tax credit, which is similar to programs now running in eight states. The proposal would allow companies to begin taking ...
May 23, 2012 at 03:56 | Source: Winston-Salem Journal
RELATED: Can you manage your money? A personal finance quiz. The third idea, which has been proposed by the Obama Administration, is a direct tax on the balance sheets of large, financial institutions. The idea is that a firm should pay a tax ...
May 15, 2012 at 19:57 | Source: The Christian Science Monitor