Robust tax collections have increased capital expenditure and investment in infrastructure projects. Gross direct tax collections rose 16.77%, with expectations of further increase. Refunds worth ₹2.48 lakh crore were issued, and 1.66 crore income tax returns were processed in a day. Time for assessment reduced, faceless assessment introduced for transparency, and technology used to boost collections.
FM Sitharaman moves Finance Bill 2024 in Rajya Sabha orissapost.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from orissapost.com Daily Mail and Mail on Sunday newspapers.
Exclusive for Subscribers from Monday to Friday: Why Interim Budget 2024 is relevant to the UPSC preliminary as well as for UPSC main exams? You can learn more by reading the Indian Express UPSC Key for February 2, 2024.
No changes in tax rates for direct, indirect taxes: FM orissapost.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from orissapost.com Daily Mail and Mail on Sunday newspapers.
Interim Budget: Rs 928 46 crore allocated to CBI, down by Rs 40 4 crore from FY24 orissapost.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from orissapost.com Daily Mail and Mail on Sunday newspapers.