Direct tax collections jump by 18 per cent to Rs 19.58 lakh crore, exceeds estimates in FY24

Image Source : FILE The gross corporate tax collection (provisional) in FY 2023-24 was up 13.06…

Direct Tax Collections At 80.23% Of Total Revised Estimates Of Direct Taxes For FY 23-24

Refunds amounting to Rs. 2.77 lakh crore have been issued during 1st April, 2023 to 10thFebruary, 2024.

56 lakh updated ITRs filed, Rs 4,600 crore taxes collected in two years: CBDT

Image Source : PIXABAY Filing tax returns The income tax department has collected around Rs 4,600…

Direct tax to GDP ratio climbs to 6.11% in F.Y. 2022-23: CBDT releases comprehensive data

Net direct tax collections surged by 160.52% from Rs. 6,38,596 crore in F.Y. 2013–14 to Rs.…

Decoding The Budget: All You Need To Know About Indirect Tax

New Delhi: The obligation to pay taxes is mandatory for both individuals and corporate entities, irrespective…

Decoding Budget Terms: What Is Direct Tax? Definition, Types, And More – Check Here

New Delhi: As the nation anticipates Finance Minister Nirmala Sitharaman’s presentation of Budget 2024 on February 1,…

Direct tax collection increases by more than 17% in FY23, exceeding revised projections by 0.7%

Image source: Freepik Direct tax collections grow by over 17% in FY23, 0.7% higher than revised…

Direct Tax Collection Rises 35.46% So Far This Fiscal, Govt Collects Rs 6.48 Lakh Crore

Direct tax collection has increased by 35.46 per cent to Rs 6.48 lakh crore in the…

Advance tax collection rises 33% year-on-year to Rs 1,01,017 crore in June quarter

Net direct tax collection during the current financial year till June 16 grew by 45 per…

Direct tax collection grew 51% annually to Rs 2.8 lakh crore during April 1 to June 15

India’s direct tax collection grew by 51 per cent to Rs 2.8 lakh crore in the…