Rigorous Tax Deduction/Tax Collection Regime in Vogue from July 1, 2021 another Attempt to Enforce Tax Compliance

The Federal Tax Collections have been a cause of worry, the share of the Centre’s Gross Tax Revenue in the GDP (‘Gross Domestic Product’) has witnessed only a marginal incremental rise – from about 10 per cent in 2014-15 to 11 per cent in 2018-19.The Federal Tax Collections have been a cause of worry, the share of the Centre’s Gross Tax Revenue in the GDP (‘Gross Domestic Product’) has witnessed only a marginal incremental rise – from about 10 per cent in 2014-15 to 11 per cent in 2018-19.taxmann.com Latest ArticlesRead More

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