Direct Tax

Net direct tax collection grows 15.41% to Rs 12.11 lakh crore till Nov 10

This includes net corporate tax of Rs 5.10 lakh crore and non-corporate taxes (including taxes paid by individuals, HUFs, firms) of Rs 6.62 lakh crore.

11 November 2024, 17:02 IST

Net direct tax collection grows 15.41% to Rs 12.11 lakh crore till Nov 10

11 November 2024, 17:02 IST

Net direct tax collection grows 18% to Rs 11.25 lakh crore

The mop-up includes personal income tax collection of Rs 5.98 lakh crore and corporate tax collection of Rs 4.94 lakh crore. Securities Transaction Tax (STT) stood at Rs 30,630 crore, while other taxes (including equalisation levy and gift tax) earned Rs 2,150 crore.

11 October 2024, 15:01 IST

Net direct tax collection grows 18% to Rs 11.25 lakh crore

11 October 2024, 15:01 IST

Net direct tax collection grows 22% to Rs 6.93 lakh crore

The mop-up includes personal income tax collection of Rs 4.47 lakh crore and corporate tax collection of Rs 2.22 lakh crore.

12 August 2024, 15:02 IST

Net direct tax collection grows 22% to Rs 6.93 lakh crore

12 August 2024, 15:02 IST

Finance Minister Nirmala Sitharaman proposes Vivaad se Vishwas Scheme in Union Budget

It is a scheme for used to resolve disputes in direct tax. It aims to reduce the number of pending litigations, helping both the government and the taxpayers.

23 July 2024, 16:44 IST

Union Budget 2024| Finance Minister Nirmala Sitharaman proposes Vivaad se Vishwas Scheme

Finance Minister Nirmala Sitharaman proposes Vivaad se Vishwas Scheme in Union Budget

23 July 2024, 16:44 IST

Union Budget 2024 | Direct, indirect taxes comprise 63 paise of every rupee in govt coffer

Among indirect taxes, goods and services tax (GST) will contribute the maximum 18 paise in every rupee of revenue.

23 July 2024, 10:28 IST

Union Budget 2024 | Direct, indirect taxes comprise 63 paise of every rupee in govt coffer

23 July 2024, 10:28 IST

Direct tax practitioners' body seeks reduction in income tax

The memorandum also addresses the tax rate under Section 115BBE on unexplained cash credits, loans, investments, and expenditures, which was increased to 75 per cent plus cess during the demonetisation period.

14 July 2024, 08:36 IST

Direct tax practitioners' body seeks reduction in income tax

14 July 2024, 08:36 IST

Direct tax mop-up rises 20% to Rs 5.74 lakh crore on higher corporate advance tax

The first instalment of advance tax, which was due on June 15, rose 27.34% to Rs 1.48 lakh crore.

13 July 2024, 07:27 IST

Direct tax mop-up rises 20% to Rs 5.74 lakh crore on higher corporate advance tax

13 July 2024, 07:27 IST

Direct tax revenues rise by 20% till March 17

This includes net corporate tax of Rs 9.14 lakh crore and net personal income tax of Rs 9.72 lakh crore.

19 March 2024, 21:43 IST

Direct tax revenues rise by 20% till March 17

19 March 2024, 21:43 IST

Direct tax collection grows 20% to Rs 18.90 lakh cr till Mar 17

The net direct tax collection of Rs 18,90,259 crore(as of March 17) includes Corporation Tax (CIT) at Rs 9,14,469 crore (net of refund) and Personal Income Tax (PIT), including Securities Transaction Tax (STT) at Rs 9,72,224 crore (net of refund).

19 March 2024, 15:18 IST

Direct tax collection grows 20% to Rs 18.90 lakh cr till Mar 17

19 March 2024, 15:18 IST

Robust growth in personal income tax boosts direct tax mop-up by 20%

The net tax collection till February 10 is 80.23% of the total revised estimate for the full financial year.

12 February 2024, 00:29 IST

Robust growth in personal income tax boosts direct tax mop-up by 20%

12 February 2024, 00:29 IST