direct tax collection

NEW DELHI: With the net direct tax collection till October closing in on Rs 6 lakh crore and average monthly GST mop-up likely around Rs 1.15 lakh crore this fiscal, the government's tax collection kitty will surpass budget estimates this…

MUMBAI: In spite of the Centre collecting a whopping 74 per cent more direct taxes so far this fiscal on an annualised basis at Rs 5.70 lakh crore, it has also borrowed a massive 58 per cent of the budgeted amount during the same period by…

NEW DELHI: The net personal income and corporate taxes collection grew 74 per cent to Rs 5.70 lakh crore so far this fiscal, driven mainly by advance tax and TDS payments. The mop up of net direct tax (which is arrived at after deducting…

The government is reaping a bumper harvest from tax collections in the ongoing financial year ending March 2022. Direct tax collections for FY 22 have risen 47 percent on-year to Rs 6.45 lakh crore as of September 22, with net collections…