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India’s net direct tax collection surged by 22.5 per cent to ₹ 6.93 lakh crore during the current financial year so far (April 1 to August 11) which is expected to keep the country firmly on the path of fiscal consolidation.
The provisional figures of Direct Tax collections for the Financial Year 2024-25 (as on 17.06.2024) show that Net collections are at Rs. 4,62,664 crore, compared to Rs. 3,82,414 crore in the corresponding period of the preceding Financial Year (i.e. FY 2023-24), representing an increase of 20.99%.
The provisional figures of Direct Tax collections for the Financial Year (FY) 2023-24 show that Net collections are at Rs. 19.58 lakh crore, compared to Rs. 16.64 lakh crore in the preceding Financial Year i.e. FY 2022-23, representing an increase of 17.70%.
The provisional figures of Direct Tax collections for the Financial Year 2023-24 (as on 17.03.2024) show that Net collections…
The provisional figures of Direct Tax collections continue to register steady growth. Direct Tax collections up to 10th February, 2024 show…
The provisional figures of Direct Tax collections up to 10th January, 2024 continue to register steady growth. Direct Tax collections up…
Net Direct Tax collections for FY 2023-24 grow at over 20.66% Advance Tax collections for the FY 2023-24 stand at…
In a noteworthy development, the advance tax collection for direct taxes has witnessed a remarkable uptick, showcasing a robust 19.76%…
Net direct tax collection in the eight months of the current fiscal touched 58.34 per cent of Budget Estimates (BE)…
The government is likely to stick to the budgeted estimate of total tax collection target of Rs 33.61 lakh. crore…