Tag: IT

Direct Tax Collection rises to 19% in April-July

Direct Tax Collection rises to 19% in April-July

Direct tax collections increased to 19% in the first four months of the current fiscal as demonetisation of higher denomination currency brought in more number of individuals in tax net. Collections of direct taxes, which are made up of personal and corporate taxes, soared to Rs 1.90 lakh crore in[Read More…]

Large-scale layoff in IT firms due to digitisation

Those working in IT giants of India are facing serious crunch due to the recently executed large-scale layoffs. While this comes soon after the industry slowed down in growth, giants ranging from Infosys to Cognizant, almost all are witnessing the crunch. As per reports, the layoffs are attributed to growing[Read More…]

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