Net direct tax collection grows 8% to ₹17.04 lakh crore on slower refunds

[ad_1] Net direct tax collection grew 8% to over ₹17.04 lakh crore between April 1-December 17 as refund issuances slowed, the income tax department data showed on Friday (December 17, 2025). This includes net corporate tax mop up of over ₹8.17 lakh crore and non-corporate tax of about ₹8.47 lakh crore. Net revenue from Securities […]

Continue Reading

Net direct tax collection reaches ₹13.73 lakh crore, 83% of revised estimate for FY23

[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, […]

Continue Reading

Net direct tax collection rises 16.8%, reaches closer to Budget target for 2022-23

[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 […]

Continue Reading