April 27, 2024 06:28 (IST)
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6.1 magnitude earthquake hits Taiwan, no immediate damages reported | Arjuna awardee CRPF officer found guilty of sexual harassment charges, faces dismissal | Opposition's dreams shattered: PM Modi on Supreme Court's VVPAT verdict | Supreme Court rejects plea seeking 100 pct votes verification on EVMs, rules out returning to ballot papers | Voting concludes in 88 constituencies with 61% turnout by 5 pm

Following notes ban, tax collection increased: Arun Jaitley

New Delhi, dec 29 (IBNS): Union Finance Minister Arun Jaitley on Thursday said income tax collections have increased to the extent of 14.4 per cent due to government's demonetisation move.

Verification of high value suspicious declarations made under the IDS 2016 , says govt

New Delhi, Dec 4 (IBNS): An Income Declaration Scheme (IDS) was announced in the Union Budget 2016-17 under which declaration of undisclosed income or asset could be made by agreeing to pay forty five percent (45%) of the declared amount as tax, surcharge and penalty.