https://www.taxtmi.com/news?id=24276 Direct tax receipts rose markedly in the first fiscal quarter versus the prior year due to revived economic activity, improved taxpayer sentiment and higher advance tax payments; first quarter net indirect tax (GST and non GST) receipts were also reported, while second quarter collections remained unascertained. The Vivad se Vishwas Scheme, 2020 facilitated amicable resolution of a substantial share of pending direct tax disputes (about 28.73%), producing additional tax revenue and contributing to increased tax mobilization. en-us Wed, 28 Jul 2021 09:02:35 +0530 Wed, 28 Jul 2021 09:03:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=24276 Direct tax receipts rose markedly in the first fiscal quarter versus the prior year due to revived economic activity, improved taxpayer sentiment and higher advance tax payments; first quarter net indirect tax (GST and non GST) receipts were also reported, while second quarter collections remained unascertained. The Vivad se Vishwas Scheme, 2020 facilitated amicable resolution of a substantial share of pending direct tax disputes (about 28.73%), producing additional tax revenue and contributing to increased tax mobilization. News - Wed, 28 Jul 2021 09:02:35 +0530 https://www.taxtmi.com/news?id=24276