India’s Gross Direct Tax Collections Double In Five Years; Driven By Tech And Compliance Gains
India’s Gross Direct Tax Collections have more than doubled over the last five years, signalling strong economic growth and improved tax compliance supported by advanced digital systems.
I-T Department Notifies ITR Forms 1 And 4 For Assessment Year 2024-25
ITR Form 1 (Sahaj) and ITR Form 4 (Sugam) are simpler forms that serve a large number of small and medium-sized taxpayers
Record Breaking: 7.78 Crore ITRs Filed For FY 2022-23; Marashtra Scores Highest With 1.20 Crore ITRs
Maharashtra has topped the list with the most ITRs filed – 1.20 Crore. Uttar Pradesh stood second in the list with a marginal difference yet a good score.