Refunds declined 32% to Rs 30,731 crore as on June 15 of FY22 in contrast with Rs 45,143 crore within the year-ago interval. The Centre’s internet direct tax collections stood at Rs 1,85,871 crore as on June 15 this fiscal, double the extent within the year-ago interval, due to a low base, a pick-up in
Tax
Over the last few years, the Income Tax Department has undergone a revamp in its approach, from being just a revenue-collecting concern to becoming a more citizen-centric one. By Rajat Mohan Over the past few years, one of the key focus areas of the Union government reforming taxes initiating from GST as a great transformation