Net direct tax collection in FY25 ₹15.82 lakh crore: Banks recovered ₹14,131.60 crore from Vijay Mallya, Honda and Nissan may merge

Net direct tax collection in FY25 ₹15.82 lakh crore: Banks recovered ₹14,131.60 crore from Vijay Mallya, Honda and Nissan may merge


New Delhi25 minutes ago

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Yesterday’s big news was related to tax collection. The net direct tax collection of the Government of India increased by about 16.45% on an annual basis between April 1 and December 17 (FY 2024-25) to Rs 15.82 lakh crore. At the same time, the country’s public sector banks (PSBs) have recovered Rs 14,131.60 crore by selling the properties of fugitive businessman Vijay Mallya, Rs 1,052.58 crore from fugitive diamond trader Nirav Modi and Rs 2,565.90 crore from Mehul Choksi and others.

Before tomorrow’s big news, today’s major events to keep an eye on…

  • There may be a rise in the stock market today.
  • There has been no change in the prices of petrol and diesel.

Now read tomorrow’s big news…

1. Net direct tax collection of Government of India increased by 16.45%: ₹ 15.82 lakh crore so far in FY-25, tax refund of ₹ 3.39 lakh crore issued

The net direct tax collection of the Government of India increased by about 16.45% on an annual basis between April 1 and December 17 (FY 2024-25) to Rs 15.82 lakh crore. The Finance Ministry gave this information by releasing provisional data on Wednesday (December 18).

Click here to read the full news…

2. Banks recovered ₹14,131.60 crore from Vijay Mallya: Sold assets worth ₹2,566 crore of Mehul Choksi and ₹1,053 crore of Nirav Modi.

The country’s public sector banks (PSBs) have recovered Rs 14,131.60 crore by selling the properties of fugitive businessman Vijay Mallya, Rs 1,052.58 crore from fugitive diamond trader Nirav Modi and Rs 2,565.90 crore from Mehul Choksi and others.

Click here to read the full news…

3. Carraro India’s IPO will open from December 20: Minimum investment of ₹ 14,784 will have to be made, bids can be placed till December 24.

The IPO of auto parts manufacturing company Carraro India Limited will open from December 20. Carraro India wants to raise Rs 1,250 crore through IPO. This issue will be a complete offer for sale. The company will sell 1.78 crore shares for this.

Click here to read the full news…

4. Honda and Nissan Motors may merge: Companies want to come together and compete with Toyota, Nissan’s shares rise 24%

There may be a merger of Honda Motor Company and Nissan Motor Company. Both the car makers are considering coming together and competing in the global market with Toyota Motor Corporation. Honda Executive Vice President Shinji Aoyama said that apart from the merger, both Honda and Nissan companies are also discussing several other options including capital tie-up and forming a holding company.

Click here to read the full news…

5. Kawasaki Ninja 1100SX launched, price ₹ 13.49 lakh: Features like three-level traction control and cruise control in sports tourer bike

Two-wheeler maker company Kawasaki India has today (December 18) launched the 2025 model of its sports bike Kawasaki Ninja 1100SX in India. The company has introduced this sports tourer bike with updated powertrain and new features.

Click here to read the full news…

​​6. Realme 14x smartphone launched at a starting price of ₹ 14,999: It has 50MP camera, 6000mAh battery and 6.67 inch LCD display

Chinese tech company Realme has launched a new smartphone ‘Realme 14x’ in the low budget segment. The company has introduced the smartphone in two storage variants 6+128GB and 8+128GB. Whose starting price is Rs 14,999.

Click here to read the full news…

Also see who were the top 10 richest people in the world yesterday…

Know the condition of tomorrow’s share market and gold and silver…

Know the latest price of petrol, diesel and gas cylinder…

There is more news…



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