Direct tax revenue surges 20% in FY24 so far
Direct tax worth ₹13,70,388 cr includes corporate tax at ₹6,94,798 cr and ₹6,72,962 cr personal income tax.
Direct tax worth ₹13,70,388 cr includes corporate tax at ₹6,94,798 cr and ₹6,72,962 cr personal income tax.
This cut in transaction charges, partially offset by the NSE IPFT, will lead to an effective reduction of around 4%.
The Finance Bill proposes changes in taxation of debt mutual funds.
India has the highest notional derivatives turnover to cash turnover ratio.