[ad_1] Image used for representation purpose only. | Photo Credit: Getty Images/iStockphoto Net direct tax collection dipped 3.95% to ₹6.64 lakh crore so far this fiscal, mainly on account on higher refunds, according to government data released on Tuesday (August 12, 2025). Direct tax includes taxes on income paid by companies, individuals, and by professionals, […]
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[ad_1] Advance tax collection during April 1-June 19, 2025 grew a meagre 3.87% to ₹1.56 lakh crore. File | Photo Credit: Special arrangement Net direct tax collection so far this fiscal stood at ₹4.59 lakh crore, 1.39% lower compared to the mop-up during the corresponding period of last fiscal, as advance tax collections slowed, government […]
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[ad_1] Image for representation purpose only. | Photo Credit: Getty Images/iStockphoto Net direct tax collection so far this fiscal grew 17% to reach ₹13.73 lakh crore, which is 83% of the revised target for the full financial year, the Central Board of Direct Taxes (CBDT) said on March 11. The growth in direct tax mop-up, […]
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[ad_1] The uptick in net Personal Income Tax collections continued to outstrip Corporate Income Tax flows, rising 20.73% year-on-year compared to a 13.62% increase in the latter. File | Photo Credit: The Hindu India’s net direct tax kitty had risen 16.8% to touch ₹13.73 lakh crore by Friday, reflecting a slight dip in growth over […]
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[ad_1] Gross Corporate Income Tax (CIT) inflows grew 25.95% and revenues from Personal Income Tax (PIT) and the Securities Transaction Tax are up 44.37%. Gross Corporate Income Tax (CIT) inflows grew 25.95% and revenues from Personal Income Tax (PIT) and the Securities Transaction Tax are up 44.37%. India’s gross Direct Tax collections up to September […]
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