Direct Tax Collections

• 

  Direct Tax Collections Surge 22.5%. Here's How It Will Help The Economy

  India's net direct tax collection surged by 22.5 per cent to Rs 6.93 lakh crore during the current financial year so far (April 1 to August 11) which is expected to keep the country firmly on the path of fiscal consolidation.

• 

  Net Direct Tax Collection Grows 22% To Rs 6.93 Lakh Crore: Government Data

  Net direct tax collection grew 22.48 per cent to about Rs 6.93 lakh crore as of August 11 this fiscal, government data showed on Monday.

• 

  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.

• 

  Net Direct Tax Collection In FY25 Surges By 20%, Reaches Rs 4.62 Lakh Crore

  The Ministry of Finance has announced a robust growth in India's direct tax collections for the financial year 2024-25, with net collections increasing by 20.99 per cent and gross collections growing by 22.19 per cent.

• 

  Net Direct Tax Collection Rises 19.4% YoY To ₹14.7 Trillion Rupees

  The Indian government's net direct tax collection has risen 19.4% year-on-year to 14.7 trillion rupees ($177.1 billion) in the ongoing financial year up to Jan. 10, according to a statement from the Ministry of Finance.

• 

  Net Direct Tax Collection Grows 22% To Rs 10.60 Lakh Crore So Far

  Net direct tax collection swelled 22 per cent so far this fiscal year to Rs 10.60 lakh crore, crossing 58 per cent of the Budget target for the full year, the Income Tax department said on Friday.

• 

  Net Direct Tax Collections Rises 21.8% To Rs 9.57 Lakh Crore

  The net direct tax collection increased by 21.82 per cent to over Rs 9.57 lakh crore till October 9, helped by good inflow from corporates and individuals, the Finance Ministry said on Tuesday.

• 

  20% TCS To Online Gaming Tax: 5 Rules Coming Into Effect From October 1

  Online Gaming Tax Rules: The new rules can have a direct impact on the lives of the people. So, it is important to be aware of these fresh guidelines.

• 

  Net Direct Tax Collection Grows 23.5% To ₹8.65 Lakh Crore So Far

  The net direct tax collections rose 23.5% on the year to 8.65 trillion rupees ($103.9 billion) in April-September 16, the government said on Monday.

• 

  Direct Tax Collections Cross Rs 6.53 Lakh Crore So Far This Financial Year

  Gross direct tax collection grew 15.73 per cent to Rs 6.53 lakh crore till August 10 in the current fiscal, the Income Tax department said today.

• 

  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.

• 

  Net Direct Tax Collections Grow 18% To Rs 16.61 Lakh Crore In 2022-23

  Net direct tax collections rose by 18 per cent to Rs 16.61 lakh crore in the 2022-23 fiscal, exceeding the revised estimates (RE).

• 

  Sustaining 19.5% Growth In Direct Tax Collection In FY24 May Be Difficult: Report

  The expected lower nominal GDP growth in 2023-24 on the back of threats of global recession could impact income tax collection, the government source told reporters ahead of the presentation of Union Budget 2023-24 on February 1.

• 

  Direct Tax Collection Grows 24% To Over Rs 14 Lakh Crore Till January

  The country's gross direct tax collection rose 24.58 per cent to Rs 14.71 lakh crore till January 10 this fiscal, buoyed by an upsurge in personal income tax mop-up, the government data showed on Wednesday.

• 

  Net Direct Tax Collection Grows 24% To Rs 8.77 Lakh Crore In April-November

  The Budget estimated direct tax collection at Rs 14.20 lakh crore this fiscal, higher than Rs 14.10 lakh crore collected last fiscal (2021-22).