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

Personal income tax surge lifts direct taxes past 2023-24 goal

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Personal income tax surge lifts direct taxes past 2023-24 goal

Photo illustration purpose only. | Photo Credit: The Hindu India’s net direct tax collections grew 17.7% in 2023-24 to hit ₹19.58 lakh crore, marginally surpassing the revised estimates for the year, thanks to a surge in personal income taxes whose share of the tax kitty rose to 53.3% from 50.06% in the previous year while … Read more