direct taxes

<!-- -->The net direct tax collection grew 19.55 per cent to Rs 12.31 lakh crore till January 10. (File)New Delhi: Sustaining the current 19.5 per cent growth rate in income and corporate tax collections may be difficult in next…

India’s direct tax revenue jumped 23.8% on an annualised basis to ₹8.96 lakh crore till October 8 of the current financial year as corporate and personal earnings rose significantly, indicating sustained growth in economic activities,…

India’s direct tax collections jumped 51 per cent to Rs 2.8 lakh crore in the current quarter till June 15, compared with Rs 1.85 lakh crore in the year-ago same period. Total advance tax collections show growth of about 49 per cent…

Image Source : FILE PHOTO Tax revenues soar 34% to record Rs 27.07 lakh crore in FY22; tax-GDP ratio highest in 2 decades India's gross tax collections soared to a record high of Rs 27.07 lakh crore in the fiscal year ended March…

India is on the cusp of a major economic recovery and will remain the fastest-growing country and all the other economic parameters are quite within the range, Niti Aayog Vice-Chairman Rajiv Kumar said.“Given all the reforms that we have…

The tax body has been assigned a revised target of ₹12.50 lakh crore, CBDT chairman JB Mohapatra said The Centre's direct tax collection is set to exceed the target of ₹11.08 lakh crores set for the financial year.“We had collected ₹10.43…

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…