Direct tax collections rise 23.51% to ₹8.65 lakh cr in FY24
The net direct tax collections include corporation tax at ₹4,16,217 crore (net of refund) and personal income tax including securities transaction tax at ₹4,47,291 crore (net of refund).
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Net direct tax collection up 11.18% at ₹3.80 lakh cr so far in FY24: FinMin
The gross direct tax collection so far in FY24 stood at ₹4.19 lakh crore against ₹3.72 lakh crore in the corresponding period of FY23, registering a growth of 12.73%.
India's debt has trebled in 9 years…so has tax collection
Centre's debt moved up from 49.9% of GDP in FY14 to 55.2% by Sept 2022. Core debt of govt sector in G-20 nations grew from 76.1% to 89.2% while from 39.2% to 61.8% in EMEs
Gross direct tax collection jumps 26% to ₹13.63 lakh cr for FY23
The net direct tax collection grew 19.81% year-on-year to ₹11,35,754 crore during the ongoing financial year.
Direct tax collection up 24.2% to ₹8.7 lakh cr till Nov
FinMin says July 31, 2022, marked the highest filing of ITRs in one day at 72.42 lakh, while throughout the month, 5.13 crore returns were filed.
Direct tax collection jumps 24% in first half of FY23
The direct tax collection, net of refunds, was up 16.3% at ₹7.45 lakh crore, compared to the corresponding period last year.
Centre's gross tax revenue up 34% to ₹27.07 lakh crore in FY22
Revenue secretary Tarun Bajaj says gross tax collections soared to a record high of ₹27.07 lakh crore in FY22.
FY22 direct tax collection beats revised estimates, up 48%
The net direct tax collection as on March 16 stands at ₹13,63,038 crore, up 48.4% from ₹9,18,430.5 crore in the corresponding period of the previous financial year.
