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Number of people earning more than 1 crore per year in India, according to the Income tax department.

JUST IN 📢 Government officers can access your email and social media ! The Income Tax Department already has the authority to conduct physical searches and seizures of assets.It is now extending into digital space. According to the Economic Ti

India's Biggest Tax Contributors... Personal income tax is still India's biggest tax contributiors, accounts for more than 30% of total tax collections

we have diamond and jewelry business we see with time gold loan and banking system is good to make money we want to start nidhi company for gold loan or nbfc for business expansion anybody come and investment with us 100 % profitable business patel

Direct Tax collections for FY 2024-25 as of 17 September, 2024 Net Collections, YOY comparison Corporate Tax : ₹4.53 lakh crore, up 10.5% Personal Income Tax : ₹5.15 lakh crore, up 18.8% STT : ₹26,154 crore, up 96% Other Taxes : ₹1,812 crore, up

Key Financial Considerations for Medical Professionals 1 . Debt Management: Strategize student loan repayment, credit cards, and personal loans. 2. Retirement Planning: Maximize tax-advantaged accounts (401(k), IRA). 3. Investments: Diversify portfol

**Tax Revenue Hits Record Highs** 📈 The government’s net direct tax collection, post-refunds, surged 15.4% to ₹12.3 lakh crore between April and November 10, 2024. Gross collections also saw a robust 21.2% increase, reaching ₹15.02 lakh crore. 💰

When the income tax return filing date is near, the income tax department goes into full marketing mode to remind taxpayers to file on time. Guess what? Even they have targets and quotas like our marketing and sales teams! 🎯 Imagine the tax offic

Deadpool’s Tax Tips—Let’s Make It Simple! 💸 Salary below ₹12.75L? Go with the new tax regime—less pain, less paperwork. Easy peasy. 🥳 💰 Salary above ₹12L? If your exemptions (HRA, 80C, 80D, home loan, etc.) are more than ₹5L, old tax regime coul

PAN Card The PAN (Permanent Account Number) card is a ten-digit alphanumeric identifier issued by the Income Tax Department of India. It's crucial for various financial transactions such as opening a bank account, filing income tax returns, and buyin