Tue, Jun 18, 2024
The government's direct tax collections so far this financial year (April 1 to June 17) stood Rs 4,62,664 crore, up 21 per cent on a year-on-year basis, official data showed on Tuesday.
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Sun, Feb 11, 2024
"The provisional figures of direct tax collections continue to register steady growth. Direct tax collections up to 10th February, 2024 show that gross collections are at Rs 18.38 lakh crore, which is 17.30 per cent higher than the gross collections for the corresponding period of last year," Central Board of Direct Taxes (CBDT) said in a statement.
Thu, Jan 11, 2024
The Central Board of Direct Taxes (CBDT) said in a statement, "Direct Tax collection, net of refunds, stands at Rs 14.70 lakh crore which is 19.41 per cent higher than the net collection for the corresponding period of last year. This collection is 80.61 per cent of the total Budget Estimates of Direct Taxes for FY 2023-24."
Mon, Dec 18, 2023
Net direct tax collections rose by 20.66 per cent to over Rs 13.70 lakh crore in the current fiscal so far, the income tax department said on Monday.
Sun, Jun 18, 2023
The net direct tax collection of Rs 3,79,760 crore included corporation tax (CIT) at Rs 1,56,949 crore (net of refund) and personal income tax (PIT), including securities transaction tax (STT) at Rs 2,22,196 crore (net of refund).
Mon, Apr 03, 2023
Direct tax collection increased by 16% to ₹16.16 lakh crore. Know the complete details from Tarun Sharma.
Wed, Jan 11, 2023
Net direct tax collection, after adjusting refunds, stood at Rs 12.31 lakh crore, 19.55 per cent higher than the net collections for the corresponding period of last year.
Sun, Dec 18, 2022
After adjusting for refunds, the net direct tax collection so far this fiscal stands at Rs 11.35 lakh crore, which is about 80 per cent of the full-year Budget target.
Sun, Oct 09, 2022
After adjusting refunds, direct tax collection stood at Rs 7.45 lakh crore, 16.3 per cent higher than the net collection for the corresponding period a year ago, the statement said.
Tue, Sep 27, 2022
The net direct tax collection has increased 23 per cent to Rs 7.04 lakh crore so far this fiscal, the income tax department said on Tuesday.
Fri, Apr 15, 2022
India's tax revenues witnessed a jump of 34% in FY 2021-22 as compared to the previous year.
Sun, Sep 20, 2020
During the same period of the last financial year, 2018-19, the net direct tax collection stood at over Rs 2.79 lakh crore.
Fri, Nov 23, 2018
Following decline in oil prices, the country's current account deficit (CAD) is expected to touch 2.6 per cent of GDP in the current fiscal against an earlier expectation of 2.8 per cent, a report said.
Thu, Oct 04, 2018
On Thursday, Finance Minister said that the gross direct tax collection in the first six months of the financial year grew 16.7 per cent to Rs 5.47 lakh crore.
Tue, Sep 12, 2017
Four months into this fiscal year and the direct tax collections may have increased but the percentage of personal income tax growth was less than half of the year ago period.
Mon, Aug 07, 2017
Central Board of Direct Taxes (CBDT) said, "As a result of demonetisation and Operation Clean Money, there is a substantial increase in the number of Income Tax Returns(ITRs) filed. The number of Returns filed as on 05.08.2017 stands at 2,82,92,955 as against 2,26,97,843 filed during the corresponding period of F.Y. 2016-2017, registering an increase of 24.7% compared to growth rate of 9.9% in the previous year."
Thu, Jul 06, 2017
Key Highlights: Direct tax collections rose 14.8%, at Rs 1.42 lakh crore Personal income tax rose 12.9% before refunds
Mon, Apr 10, 2017
The Income Tax Department of Mumbai has missed the revenue mop-up target of Rs 2.79 trillion for the financial year 2016-17 on account of more refunds given to tax payers.
Tue, Apr 04, 2017
The ministry said, "As against the Revised Estimate, the provisional figure of tax collection is Rs 17.10 lakh crore, which is a growth of around 18% compared to last."
Fri, Mar 10, 2017
The Government of India's net refunds of direct tax collection from April to February 2016-17 has risen 10.7% to Rs 6.17 lakh crore as compared to same period last year.
Tue, Jan 31, 2017
The cash squeeze in the meantime will have significant implications for GDP, reducing 2016-17 growth by ¼ to ½ percentage points compared to the baseline of 7%, the Economic Survey said.
Mon, Jan 23, 2017
Following the demonetisation move, the recast in direct tax moves is expected to give a boost the economy.
Mon, Jan 09, 2017
Jaitley also said that Centre is in talks with banks to discuss Merchant Discount Rate (MDR) issue.
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