direct tax

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Related to Direct taxes: Indirect taxes
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Words related to direct tax

a tax paid directly by the person or organization on whom it is levied

References in periodicals archive ?
New Delhi [India], Oct 8 ( ANI ): The Central Board of Direct Taxes (CBDT) on Monday extended the due date of the filing of Income Tax (IT) returns and audit reports till October 31.
New Delhi [India], July 01 ( ANI ): Deadline for the PAN-Aadhaar linking has been extended till March 31, 2019, by Central Board of Direct Taxes (CBDT).
New Delhi [India] May 25( ANI ): Senior Official Sushil Chandra on Friday was given a year-long extension as the Chairman of Central Board of Direct Taxes (CBDT) till May 31 next year.
Summary: New Delhi [India], May 22 (ANI): The Central Board of Direct Taxes (CBDT) on Tuesday announced a three-month extension for the special task force, constituted to review the existing tax laws and suggest necessary modifications.
Summary: New Delhi [India], Aug 30 (ANI): The Central Board of Direct Taxes (CBDT) on Friday clarified that no order has been issued regarding extension of filing IT returns and advised people to file returns by August 31.
He said that dependence on indirect taxes should be reduced and direct taxes should be focused to provide relief to masses and reduce price rises.
Direct taxes such as income tax and national insurance, alongside benefits, help to reduce inequality, according to the findings.
Despite having a treasure trove of information from the Organisation for Economic Cooperation and Development (OECD), the income tax collection with tax authorities' own efforts remained almost unchanged at 7.6% of total direct taxes in first nine months of the current fiscal year.
ISLAMABAD -- Despite having a treasure trove of information from the Organisation for Economic Cooperation and Development (OECD), the income tax collection with tax authorities' own efforts remained almost unchanged at 7.6% of total direct taxes in first nine months of the current fiscal year.
The net direct tax collections represent 64.7 percent of the total budget estimates of direct taxes for financial year 2018-19 (Rs 11.50 lakh crore).
While in the developing countries indirect plays a major role while direct taxes have restricted scope.