Advance Tax Collection

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  Direct Tax Collection Surges 20% To Rs 5.74 Lakh Crore In 2024-25 So Far

  India's net direct tax collection posted a robust 19.5% growth to Rs 5.74 lakh crore as on till July 11 of the current financial year compared to the same period of the previous year, according to the Income Tax Department.

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  Net Direct Tax Collection Grows 11% To 3.80 Lakh Crore So Far This Year

  Higher advance tax collection helped net direct tax kitty swell 11 per cent to Rs 3.80 lakh crore so far this fiscal, a reflection of economic activity gaining traction.

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  Gross Direct Tax Collection Grows 30% In 2022-23 To Rs 8.36 Lakh Crore

  Gross direct tax collections grew 30 per cent to Rs 8.36 lakh crore till September 17 of current fiscal year on increased advance tax mop-up, the finance ministry said on Sunday.

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  Direct Tax Collections Rise 45% In June To Rs 3.39 Lakh Crore

  Net direct tax collections grew 45 per cent till mid-June this fiscal

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  Nearly 50% Jump In Direct Tax Collections This Year; Highest On Record Says CBDT Chief

  Tax collections from personal and corporate income jumped nearly 50 per cent in the current fiscal year so far, with over a 40 per cent surge in advance tax payments, underscoring a healthy economic recovery from the pandemic spanning two waves of coronavirus infections.

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  Advance Tax Collection Rises 54% To Rs 4.60 Lakh Crore In 2021-22

  Direct tax collections for 2021-22, as on December 16, show that net collections are at Rs 9.45 lakh crore compared to Rs 5.88 lakh crore over the year-ago period, representing an increase of 60.8 per cen

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  Net Direct Tax Mop-Up Grows 74% At Rs 5.70 Lakh Crore So Far This Fiscal

  The net personal income and corporate taxes collection grew 74 percent to Rs 5.70 lakh crore so far this fiscal, driven mainly by advance tax and TDS payments.

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  Net Direct Tax Collections Of 2021-22 So Far Grow By 100%

  Net direct tax collections till June 15 of 2021-22 were Rs 1,85,871 crore, 100 per cent more than Rs 92,762 crore of corresponding period of 2020-21.

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  Gross Tax Collection Falls 31% In June Quarter Amid Coronavirus Slowdown

  Gross direct tax collection fell 31 per cent to Rs 1,37,825 crore in first quarter of FY21, down from Rs 1,99,755 crore previous year

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  April-December Direct Tax Collections Rise 14%, Refunds Up 17%

  Direct tax collections: The amount of refunds issued during the nine-month period rose 17 per cent to Rs 1.30 lakh crore, the government said. Net direct tax collections (after adjusting for refunds) increased 13.6 per cent to Rs. 7.43 lakh crore, it added.

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  One Year of GST: What Union Minister Arun Jaitley Has To Say

  One Year of GST: Advance tax deposit during the first quarter of this year has seen a gross increase of 44% in the personal income tax category, said Arun Jaitley.

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  Budget 2018: Direct Tax Collections Rise Over 18% In April-December

  Gross collections (before adjusting for refunds) have increased by 12.6 per cent to Rs 7.68 lakh crore during April to December 2017.

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  Note-Ban Bites Income Tax Department, Q4 Advance Tax Mop-Up Falls 10%

  The department had collected Rs 1.01 trillion in advance taxes from the city in the March quarter of last fiscal.

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  Pay I-T Dues In Advance To Avoid Last Minute Rush: RBI

  29 agency banks are authorised to accept the payments of I-T dues.

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  RBI Authorises Select Bank Branches To Collect Advance Tax

  Reserve Bank has authorised various bank branches, including those of SBI, ICICI, HDFC Bank, PNB and Bank of Baroda, to collect income tax dues in advance for the September quarter.