Tag: Central Board of Direct Taxes (CBDT)

Gross Direct Tax collection goes up in FY 2014-15

Newsroom24x7 Desk New Delhi: Gross direct tax collection during April-January of the Financial Year 2014-15 is up by 11.38 percent at Rs. 5,78,715 crore as against Rs. 5,19,588 crore collected during the same period last year. Stating this, the official spokesperson of Central Board of Direct Taxes (CBDT) Commissioner of Income Tax Rekha Shukla went on to

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Vodafone case opens the gate to non-adversarial tax regime

Newsroom24x7 Analysis The Bombay High Court’s order in the transfer pricing case linked with British Telecom giant Vodafone has helped Government of India reiterate commitment for a non-adversarial tax regime and leave a positive impact on foreign investors. Following the High Court ruling in the Vodafone case, the Union Cabinet led by Prime Minister Modi, was prompt

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