The budget is an annual financial statement that lays out the government’s proposed expenditures and revenues for the upcoming fiscal year, which begins on April 1st and ends on March 31st of the following year.The budget is presented by the union finance minister in the Parliament. The budget is a comprehensive document that outlines the …
The government will exceed the Rs 18.23 trillion direct tax collection target set for the current fiscal, CBDT Chairman Nitin Gupta said on Wednesday. “We will exceed the Budget target. The economy is doing well, and we will get a better picture of full-year tax collection once the third instalment of advance tax numbers come …
According to a response to a Right to Information query, the Central Board of Direct Taxes (CBDT) has stated that 11.5 crore PAN cards in India were deactivated because they were not linked to Aadhaar cards before the June 30 deadline. Out of the 70.24 crore PAN card holders, 57.25 crore have successfully linked their …