30.5 C
State of Tripura
Friday, March 20, 2026

All 51 AMC Wards Now Receive Safe Drinking Water: CM Saha

Agartala achieves 100% clean drinking water coverage...

Supreme Court Orders ADC Village Elections in June After Decade Delay

Supreme Court clears the way for long-delayed...

Tripura TTAADC polls April 13, counting April 17

Tripura TTAADC elections scheduled April 13 with...

India’s gross direct tax collections surged 274% in 10 years

Must Read

The gross direct tax collections in the country have witnessed a 274 percent growth over the last ten years. Finance Ministry sources said that between 2013-14 and 2024-25, the refunds issued by the tax department have increased by 474 percent, and the taxpayer base has grown by 133 percent.
The average time of issuing tax refunds has decreased from 93 days in 2013 to just 17 days in 2024. This transformation in tax administration over the past decade is largely due to the adoption of digital infrastructure, including end-to-end online filing and faceless assessments, which enable faster and more accurate processing of income tax returns. Sources said that introduction of pre-filled returns, automation in refund processing, real-time TDS adjustments, and online grievance redressal mechanisms have all contributed to reduced delays and improved the taxpayer experience.

- Advertisement -
spot_img
spot_img
spot_img
spot_img
spot_img
spot_img
spot_img
spot_img
spot_img
spot_img
spot_img
spot_img
spot_img

Latest News

Tanvi Sharma and Malvika Bansod set for women’s singles quarter

Indian shuttlers will feature in key quarter-final matches today at the Orléans Masters, with multiple appearances scheduled...