India Direct Tax Collection
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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.
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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.
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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 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.
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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.
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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.
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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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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).
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Rise In Tax Collection Shows Economy Moving In Right Direction: BJP
Citing a rise in GST collections, highest manufacturing Purchasing Managers' Index (PMI) and data of other economic parameters for October, the BJP on Tuesday said the figures show that under the leadership of Prime Minister Narendra Modi the country's economy is moving in the right direction and is on an upward trend.
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Tax Collection Growing By 15-20 Per Cent Every Year: Arun Jaitley
With a 15-20 per cent average increase in direct tax collections in recent years, government revenues are certain to grow, even as the economy becomes more formalised with Indians adopting technology in greater numbers, Finance Minister Arun Jaitley said on Thursday.
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18 Per Cent More Direct Taxes Collected After GST, Says Arun Jaitley
Union minister Arun Jaitley said today there was an increase of 18 per cent in direct taxes last year due to the Goods and Services Tax or GST and demonetisation. In the last four years of NDA government, there has been an increase of 1.5 per cent in overall taxes, the minister said.
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Direct Tax Collection Rises 19.5% In April-February
The gross collections, before adjusting for refunds, rose 14.5% to Rs 8.83 lakh crore during 11 month period of the current financial year.
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Direct Tax Collection Up 19%, Says Finance Ministry
Direct tax collections in the current fiscal, up to January, have risen to Rs 6.95 lakh crore.
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Direct Tax Collections Rise 18.7% To Rs 6.89 Lakh Crore This Fiscal
The collections till January 15, 2018 represent over 70 per cent of the Rs 9.8 lakh crore revenue target from direct taxes, the Central Board of Direct Taxes (CBDT) said in a statement.
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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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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.
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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 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.
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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.
-
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 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).
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Rise In Tax Collection Shows Economy Moving In Right Direction: BJP
Citing a rise in GST collections, highest manufacturing Purchasing Managers' Index (PMI) and data of other economic parameters for October, the BJP on Tuesday said the figures show that under the leadership of Prime Minister Narendra Modi the country's economy is moving in the right direction and is on an upward trend.
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Tax Collection Growing By 15-20 Per Cent Every Year: Arun Jaitley
With a 15-20 per cent average increase in direct tax collections in recent years, government revenues are certain to grow, even as the economy becomes more formalised with Indians adopting technology in greater numbers, Finance Minister Arun Jaitley said on Thursday.
-
18 Per Cent More Direct Taxes Collected After GST, Says Arun Jaitley
Union minister Arun Jaitley said today there was an increase of 18 per cent in direct taxes last year due to the Goods and Services Tax or GST and demonetisation. In the last four years of NDA government, there has been an increase of 1.5 per cent in overall taxes, the minister said.
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Direct Tax Collection Rises 19.5% In April-February
The gross collections, before adjusting for refunds, rose 14.5% to Rs 8.83 lakh crore during 11 month period of the current financial year.
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Direct Tax Collection Up 19%, Says Finance Ministry
Direct tax collections in the current fiscal, up to January, have risen to Rs 6.95 lakh crore.
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Direct Tax Collections Rise 18.7% To Rs 6.89 Lakh Crore This Fiscal
The collections till January 15, 2018 represent over 70 per cent of the Rs 9.8 lakh crore revenue target from direct taxes, the Central Board of Direct Taxes (CBDT) said in a statement.
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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.
