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Tax exemption to industry and commerce sectors

News and Press Release - Dated:- 2-8-2016 - Direct Tax Various tax concessions in the form of exemptions/ deductions etc. have been provided under the Income-tax Act, 1961 which have been availed by different sectors of Commerce and Industry also. Cu .....

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cometax 39,375 33,535 35,254 53,526 59,928 Total 1,01,131 1,02,255 93,047 1,18,593 1,28,639 No sector wise details of industry are however maintained and section wise details of revenue impact of direct tax incentives is presented before Parliament w .....

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e-tax Act,1961 to promote exports; balanced regional development; creation of infrastructure facilities; employment; donations for charity and rural development; scientific research and development; and the cooperative sector. Indirect Tax Customs an .....

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