Image for representation purpose only. | Photo Credit: Reuters India’s net direct tax collections in 2022-23 surpassed the ₹11-lakh crore mark by December 17, reflecting a 19.8% uptick over last year, the Central Board of Direct Taxes said on Sunday. Last year, in the corresponding period, it was ₹9,47,959 crore. “The net direct tax collection […]
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PTI New Delhi November 11, 2022 20:29 IST Updated: November 11, 2022 22:34 IST PTI New Delhi November 11, 2022 20:29 IST Updated: November 11, 2022 22:34 IST The gross direct tax collections have risen 31% to ₹10.54 lakh crore so far this fiscal, driven by personal income tax mop-up, the finance ministry said on […]
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‘Focus of taxation must on those who can bear the burden rather than taxing small items of daily use that affect everybody’ ‘Focus of taxation must on those who can bear the burden rather than taxing small items of daily use that affect everybody’ Finance Minister Nirmala Sitharaman asserted on Tuesday that India’s direct tax […]
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India’s net Direct Tax collections have crossed ₹7 lakh crore so far this year, 23.33% higher than the same period last year, signalling a clear post-pandemic rebound in the economy, the Finance Ministry said on Sunday. Net Direct Tax collections as on Saturday stood at ₹7,00,669 crore, compared to ₹5,68,147 crore as of September 17 […]
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