Day: August 15, 2017

Direct Tax Collections up to July, 2017 show Growth of 19.1%

The Direct Tax collections up to July, 2017 continue to register steady growth. Direct Tax collection, net of refunds, stands at Rs. 1.90 lakh crore which is 19.1% higher than the net collections for the corresponding period of last year. This collection is 19.5% of the total Budget Estimates of Direct Taxes for the Financial Year 2017-18. So far as the growth rate for Corporate Income Tax (CIT) and Personal Income Tax (PIT) in terms of gross revenue collections is concerned, the growth rate for CIT is 7.2% while that for PIT (including STT) is 17.5%. However, after adjusting...

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Nagpur Police to tie up with NGO to shift bodies

Nagpur police would soon tie-up with an NGO to shift bodies from accident and crime spots. A hearse van is set to be part of the city police fleet for the purpose. Nagpur police at present have to seek help of volunteers to shift bodies from the place of accidents or other crimes. Often, they shell out money from own pockets to pay for the ambulance or other private vehicles hired for the purpose. Joint CP Shivaji Bodkhe said the NGO would provide drivers and other expenses and maintenance of a custom made hearse van. “We have a plan to keep...

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