direct tax collection

Net Direct Tax Collection Jumps 16.45% YoY To Rs 15.82 Lakh Crore In FY25 So Far; Check Details

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Net Direct Tax Collection Jumps 16.45% YoY To Rs 15.82 Lakh Crore In FY25 So Far; Check Details

Last Updated:December 18, 2024, 17:46 IST On a gross basis, India’s direct tax collections in the current financial year till December 17, 2024, stood at Rs 19,21,508 crore, a 20.32 per cent jump as compared to the corresponding period last year. The taxes include corporate tax, non-corporate tax, securities transaction tax, and other taxes. India’s … Read more

Net tax receipts up 19.5%, corporate tax share at 36.6%

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Net tax receipts up 19.5%, corporate tax share at 36.6%

Personal income tax receipts constituted 60.2% of the net collections, while corporate taxes yielded 36.6% of net revenues. File | Photo Credit: Reuters Growth in India’s net direct tax collections slowed slightly to 19.54% by July 11, relative to a 21% rise recorded by June 17, with revenues hitting ₹5.74 lakh crore, the Income Tax … Read more