Tax Collections
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GST collection reports 8.5 per cent growth to Rs 1.82 lakh cr in November
Business | Dec 01, 2024, 07:55 PM ISTGST was rolled out on July 1, 2017 heralding the start of 'One Nation, One Tax, One Market'. It subsumed at least 16 indirect taxes and cesses that previously existed in India, administered separately by the Centre and states, resulting in a greatly rationalised taxation structure.
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Sitharaman to present Budget 2024: Here are key numbers to be watched | DETAILS
Budget | Jul 22, 2024, 04:29 PM ISTFinance Minister Nirmala Sitharaman is set to present the Union Budget 2024-25 on Tuesday. Key expectations include populist measures to boost the rural economy and create jobs.
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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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Average monthly GST collections to grow 11 per cent to Rs 1.85 lakh crore in FY25: Revenue Secretary
Business | Feb 02, 2024, 02:44 PM ISTFinance Minister Nirmala Sitharaman highlighted the doubling of the GST taxpayer base and monthly revenues since its launch in her budget speech.
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Direct tax collections surge 15.7 per cent to Rs 6.75 lakh cr in April-November
Business | Dec 10, 2018, 01:02 PM ISTGross collections in corporate income tax (CIT) and personal income tax (PIT) grew 17.7 per cent and 18.3 per cent, respectively.
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Government plans to use Big Data, Analytics for tax collections: Infosys
Nov 04, 2013, 09:10 PM ISTNew Delhi: As government looks at ways to analyse huge amounts data available on corporate as well as individuals to increase tax collections by studying various parameters like spending patterns, IT companies expect strong growth