Direct Tax  

Here are the legal guidelines and restrictions on how much gold and gold jewelry can be kept at home in India. 

Gold prices are soaring in India, exceeding Rs 70,000 per 10 grams, prompting heightened investment, and understanding government regulations is key for effective management.
 

The government has collected Rs 9,538 crore revenue from the Direct Tax Vivad Se Vishwas scheme
 

Direct Tax and GST collection is also likely to miss targets as well, adding to the pain
 

In a bid to ease the filing of income tax returns, the department has launched ‘e-filing Lite’. The new e-filing facility comes just days after Central Board of Direct Taxes extended the due-date for filing income tax returns. 
 

More taxpayers, a steadily growing GDP, a larger digital economy and better tracking of economic offenders and cash frauds are some of the positive results from the demonetisation of November 8, 2016. Details follow

The target for the taxman is to add 1.25 crore fresh tax filers by the end of the 2018-19 financial year that ends in March next year, as per a directive of the Central Board of Direct Taxes (CBDT)