Direct Tax Collection
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Net direct tax surges by 15.88 per cent this fiscal, stands at 16.90 lakh crore: Govt
Business | Jan 13, 2025, 08:37 PM ISTThe net direct tax has seen a year-on-year rise of nearly 16 per cent. The government has budgeted to collect Rs 22.07 lakh crore in the current fiscal from direct taxes.
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Direct tax collections jump by 18 per cent to Rs 19.58 lakh crore, exceeds estimates
Business | Apr 22, 2024, 02:19 PM ISTThe government had raised the target for direct tax collection in FY24 (April 2023 to March 2024) to Rs 19.45 lakh crore in the interim Budget presented on February 1.
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Net direct tax collection stands at Rs 15.60 lakh crore Y-o-Y growth of 20%
Business | Feb 11, 2024, 05:45 PM ISTIn the current fiscal year, net direct tax collection has surged by 20 per cent compared to the previous year, reaching Rs 15.60 lakh crore. This figure accounts for 80 percent of the revised budget estimates for the entire fiscal year.
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Direct tax collections for FY23 jump 11 pc YoY, reaching Rs 3.80 lakh cr: Finance Ministry
Business | Jun 18, 2023, 09:23 PM ISTIn a statement, the ministry said that the corporation tax (CIT) will be Rs 1,56,949 crore and the personal income tax (PIT) will be Rs 2,22,196 crore, including the Securities Transaction Tax (STT).
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Direct tax collection jumps 24 pc in first half of FY23
Business | Oct 09, 2022, 01:47 PM ISTDirect tax collection came at Rs 8.98 lakh crore between April 1 to October 8, 2022, 23.8 per cent higher than the gross collection in the corresponding period a year ago.
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More trouble for economy, direct tax collection in negative zone
Business | Jan 21, 2020, 08:17 PM ISTIt is after a long gap that the tax collection is actually lower than the numbers given in the previous year. Already the development has rung the alarm bells that current economic crisis may be deep-seated and take much longer time to recover from.
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Half of direct tax collections netted; high growth clocked post demonetisation: CBDT
Business | Dec 03, 2018, 08:01 PM ISTThe report said the department has till now (updated till November 15) made a gross collection of Rs 6.63 lakh crore in the direct taxes kitty this fiscal.
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At Rs 9.95 lakh crore, direct tax collection exceeds target in 2017-18
Business | Apr 02, 2018, 06:36 PM ISTDirect tax collection in the fiscal year just ended has exceeded the targets with a record 6.84 crore income tax returns being filed, officials said today.
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Direct tax collections rise 18.2 per cent in April-December
Business | Jan 09, 2018, 12:09 PM ISTDirect tax collections soared 18.2 per cent during the first nine months of current fiscal at Rs 6.56 lakh crore, the finance ministry said today.
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Direct tax collection rises 15% to Rs 4.39 lakh crore in April -October
Business | Nov 07, 2017, 05:55 PM ISTThe government has collected Rs 4.39 lakh crore in direct taxes, up 15.2 per cent year-on- year, during the first seven months of the current fiscal.
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Direct tax collection grows 11.58% in Apr-Oct at Rs 3.37 lakh cr
Nov 06, 2013, 08:27 PM ISTNew Delhi: Amid slowing economy, the gross direct tax collection has risen only by 11.58 per cent to Rs 3.37 lakh crore during the April-October period of 2013-14 fiscal.The collections had totalled Rs 3.02 lakh