Personal Taxes

Glimmer of hope: surprisingly, personal tax cuts in fiscal yr 21 enhance by 2.5%

Gross income tax (including reimbursements) grew 2.5 percent year over year in FY21 despite the Covid-induced lockdown and other restrictions. However, corporate income tax was down 6 percent year over year, reducing gross direct tax collection by 2 percent.

Record refunds drove the net direct tax collection down nearly 8 percent to 9.5 trillion, but the total was above the revised estimate (9.05 trillion rupees) for the first time in four years. These are only preliminary figures and the final dates have yet to be …

Important articles on business-standard.com are only available to Premium subscribers.

Already a Premium Subscriber? LOG IN NOW

MONTHLY STAR

Business Standard Digital

Monthly digital subscription for Business Standard

Full access to the premium product

Convenient – Pay as you go

Pay only with Amex / Master / VISA credit cards and VISA debit cards

Renewed automatically (subject to your card issuer’s permission)

Cancel anytime in the future

Note: The subscription is automatically renewed. You can cancel it at any time in the future with no questions asked.

Requires personal information

What you get

ON BUSINESS STANDARD DIGITAL

  • Unlimited access to all content on any device via a browser or app.
  • Exclusive content, functions, opinions and comments – selected just for you by our editors.
  • Pick 5 of your favorite companies. Receive an email every day with all the news.
  • Follow the industry of your choice with a daily newsletter specific to that industry.
  • Keep track of your investments. Track the stock prices in your portfolio.
  • 18 years of archive data.

NOTE :

  • The product is a monthly auto-renewal product.
  • Cancellation policy: You can cancel at any time without giving a reason, but 48 hours before your card is charged for the renewal. We do not offer refunds.
  • To cancel, communicate from your registered e-mail ID and send the e-mail with the cancellation request to assist@bsmail.in. Include your contact number for quick action. Requests sent to a different ID will not be confirmed or processed.

SMART ANNUAL

Business Standard Digital

Business Standard Digital – 12 months

Get 12 months of Business Standard digital access

One-time seamless registration with Business Standard Digital

Convenient – Payment once a year

Pay with an instrument of your choice – all credit and debit cards, net banking, payment wallets and UPI

Exclusive Invite you to select business standard events

Note: The subscription is automatically renewed. You can cancel it at any time in the future with no questions asked.

What you get

ON BUSINESS STANDARD DIGITAL

  • Unlimited access to all content on any device via a browser or app.
  • Exclusive content, functions, opinions and comments – selected just for you by our editors.
  • Pick 5 of your favorite companies. Receive an email every day with all the news.
  • Follow the industry of your choice with a daily newsletter specific to that industry.
  • Keep track of your investments. Track the stock prices in your portfolio.

NOTE :

  • This product is an auto-renewing monthly product.
  • Cancellation policy: You can cancel at any time without giving a reason, but 48 hours before your card is charged for the renewal. We do not offer refunds.
  • To cancel, communicate from your registered email ID and send the email with the request to assist@bsmail.in. Include your contact number for reference. Requests sent to a different ID will not be confirmed or processed.

Dear Reader,

Business Standard has always endeavored to provide updated information and commentary on developments that are of interest to you and have far-reaching political and economic implications for the country and the world. Your encouragement and constant feedback to improve our offering has only strengthened our determination and commitment to these ideals. Even in these troubled times resulting from Covid-19, we continue to strive to keep you updated with credible news, authoritative views, and concise comments on relevant topics.
However, we have a request.

As we fight the economic impact of the pandemic, we need your support even more so that we can continue to provide you with higher quality content. Our subscription model has received an encouraging response from many of you who have subscribed to our online content. A larger subscription to our online content can only help us achieve our goals of offering you even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practice the journalism to which we are committed.

Support of quality journalism and Subscribe to the Business Standard.

Digital editor

Initial publication: Sa, April 3, 2021. 6:10 am IST

Related Articles