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Tag: direct tax collection

Income Tax in Media

Net direct tax collection grows 16 percent annually to Rs.9.95 trillion up to 17 Sep

byAdmin20/09/202420/09/2024

Net direct tax collection after adjusting for refunds has grown 16% so far this financial year to ₹9.95 trillion, led by strong growth in taxes on personal and corporate incomes and on trading in securities, Central Board of Direct Taxes (CBDT) said on Wednesday.

Income Tax in Media

Net direct tax collections grows 24.07% touches Rs 5.74 lakh crore till July 11

byAdmin14/07/202414/07/2024

The Central Board of Direct Taxes on Friday released the data on Direct Tax (DT) collections till July 11, 2024, for FY 2024-25. The net direct tax collections have increased by 24.07% to Rs 5.74 lakh crore. In FY23, the net collections stood at Rs 4.80 lakh crore. 

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