Direct Tax Collections For FY23 Reach Rs 16.68L Cr, Up By 22.58%
After adjusting refunds, net direct tax collection was at Rs 13.73 lakh crore which is 16.78 percent higher than the net collections for the corresponding period of last year.
Mar 11, 2023, 22:04 PM IST
India's tax collections soar to record Rs 27.07 lakh crore in FY22
Gross tax collection of Rs 27.07 lakh crore from April 2021 to March 2022 compares with the budget estimate of Rs 22.17 lakh crore, said Revenue Secretary Tarun Bajaj.
Apr 08, 2022, 17:30 PM IST
Net Direct Tax collections for FY 2020-21 at Rs 9.45 lakh crore
Refunds amounting to Rs. 2.61 lakh crore have been issued in the F.Y. 2020-21 as against refunds of Rs. 1.83 lakh crore issued in the F.Y. 2019-20, marking an increase of approximately 42.1% over the preceding Financial Year.
Apr 09, 2021, 18:04 PM IST
Digital tax collection: FASTag users may get 10% cashback, rebate on food plazas on highways
The FASTag users may get 10 percent cashback on paying toll, and they may also get a rebate on food plaza on NH/Expressways.
Aug 20, 2020, 20:02 PM IST
Watch Daily News and Analysis with Sudhir Chaudhary, December 24th, 2018
Watch the complete segment of DNA with Sudhir Chaudhary, December 7th, 2018. This segment of DNA brings to you analysis of top news of the day.
Dec 24, 2018, 23:14 PM IST
DNA: Non Stop News, 24th December, 2018
This segment of DNA brings to you important stories of the day. Watch this video for more info.
Dec 24, 2018, 22:10 PM IST
GST will also impact direct tax collection: Arun Jaitley
The Finance Minister said that even before GST was rolled out, the impact of demonetisation has expanded the number of assessees under the personal income tax.
Aug 30, 2017, 18:20 PM IST
25% surge in filing of IT returns : Central Board of Direct Taxes
The chamber also noted a 41.79 percent increase in the advance tax collections of Personal Income Tax, as on August 05.
Aug 07, 2017, 17:54 PM IST
Direct tax collection grows 21% till mid-July FY'18
The government has collected over Rs 1.80 lakh crore in direct tax till July 15 in the current fiscal, an increase of 21.4 pre cent year-on-year, "belying" fears of slowdown in economic activities.
Aug 01, 2017, 17:51 PM IST
GST to reduce inflation by 1-2% by year end: Revenue Secretary
The Goods and Services Tax (GST) will help bring down the inflation by one to two percent by the end of this year, Revenue Secretary Hasmukh Adhia has been quoted, as saying.
Jul 11, 2017, 14:37 PM IST
GSTIN display on sign boards must for businesses
Traders and businesses will have to display the GST registration number on their business sign boards and the registration certificate in premises.
Jul 10, 2017, 20:38 PM IST
Govt exceeds FY17 tax collection target at Rs 17.10 lakh cr
The government has exceeded the tax collection estimates for 2016-17 fiscal at Rs 17.10 lakh crore.
Apr 04, 2017, 13:07 PM IST
Indirect tax revenue grows 22% in Apr-Feb; direct tax up 10.7%
The government's revenue collection from indirect tax during April-February grew by an impressive 22.2 percent while that of direct tax rose by 10.7 percent.
Mar 10, 2017, 13:53 PM IST
Indirect tax revenue grows 24% in Apr-Jan; direct tax up 10.79%
Government's revenue collection from indirect tax grew by an impressive 23.9 percent during the April-January period, while that from direct tax rose by 10.79 percent.
Feb 10, 2017, 15:16 PM IST
Budget 2017: A Detailed Overview of Economy
The economy under Modi's leadership has seen a major improvement in the past ten months on several fronts; however, certain hiccups are still there which will take time to sort out.
Jan 17, 2017, 15:31 PM IST
Impact of demonetisation visible, double-digit growth in India's tax collection figures: Arun Jaitley
Union Finance Minister Arun Jaitley on Thursday said that the impact of demonetisation is clearly visible with tax collection figures seeing double-digit growth.
Dec 29, 2016, 17:15 PM IST
Indirect tax collection jumps 26% in April-September, direct tax 9%
Government's revenue collection in April to September -- the first half of the current fiscal -- saw indirect tax-mop up growing at an impressive 26 percent while that of direct tax came in at a tepid 9 percent.
Oct 10, 2016, 22:44 PM IST
Indirect tax collection up 30% in June quarter against last FY
The collection up to June indicate that 25.7 percent of the annual budget target of indirect taxes has been achieved in the first three months of the fiscal.
Aug 16, 2016, 19:52 PM IST
Direct tax mop-up jumps 24% to Rs 1.59 lakh crore in Apr-Jul
Direct tax collection registered a growth of 24.01 per cent to Rs 1.59 lakh crore during the April-July period of the current financial year.
Aug 09, 2016, 20:56 PM IST
Indirect tax collections up 30% to Rs 2.71 lakh crore till July
Indirect tax collections rose by 29.9 percent during April-July period of the current fiscal to Rs 2,71,719 crore, mainly due to impressive growth in central excise duty mop-up.
Aug 09, 2016, 20:52 PM IST
