Security Transaction Tax

CBDT Notifies Provisions For Collection And Payment Of Securities Transaction Tax (STT) in Case Of Insurance Company

BUSINESS & ECONOMY / January 19, 2022 January 19, 2022 / CBDT, CBDT NOTIFICATION, Security Transaction Tax

Vide Notification No. 9/2022, Dated 18th January 2022, CBDT has inserted rule 5A in the Securities Transaction Tax Rules 2004 which contains provisions related to collection and payment of securities transaction tax in case of Insurance Company. Securities Transaction Tax (1st Amendment), Rules, 2022 have been notified for this purpose. To Download the Notification, Please …

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Net Direct Tax collections for the Financial Year 2021-22 represents an increase of 100.4%

BUSINESS & ECONOMY / By CS SURBHI SAXENA / June 16, 2021 June 16, 2021 / Corporation Tax, Direct Tax collections, Personal Income Tax, Security Transaction Tax

The figures of Direct Tax collections for the Financial Year 2021-22, as on 15.06.2021 show that net collections are at Rs.1,85,871 crore compared to Rs. 92,762 crore over the corresponding period of the preceding year, representing an increase of 100.4% over the collections of the preceding year. The net Direct Tax collections include Corporation Tax …

Net Direct Tax collections for the Financial Year 2021-22 represents an increase of 100.4% Read More »