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Gross GST collection in March crossed Rs 2 lakh crore, increasing by 8.8% on an annual basis. This is a 10 month high. Whereas in March 2025 this figure was ₹ 1.83 lakh crore. At the same time, the government’s net GST collection in March increased by 8.2% on annual basis to Rs 1.78 lakh…
New Delhi: India’s net direct tax collections for the financial year 2025–26 recorded strong growth of 8.82%, reaching Rs 18.38 lakh crore as of January 11, 2026, compared with Rs 16.89 lakh crore collected during the same period last year, according to official data released by the Income Tax Department on Monday. Gross direct tax…
New Delhi: India’s corporate tax collection has more than doubled from Rs 4,57,719 crore in 2020-21 to Rs 9,86,767 crore in 2024-25, the Parliament was informed on Tuesday. Minister of State for Finance Pankaj Choudhary told in the Rajya Sabha, aid in a written reply to a question, that the RBI, in the article “Resilience…
New Delhi37 minutes ago copy link Net direct tax collection in the first seven months of financial year 2025-26 has been ₹12.92 lakh crore. This is 7% more than ₹ 12.07 lakh crore of the same period last year. But refunds declined by 17.7% to ₹2.42 lakh crore. Both personal income tax (salaried and individuals)…
The gross collection of Direct Taxes (before adjusting for refunds) for FY 2025-26 stands at Rs 15.35 lakh crore, as against Rs 15.03 lakh crore collected during the same period last year, showing a growth of 2.15 per cent. |Last Updated: Nov 11, 2025, 06:44 PM IST|Source: YEARS Source link [ad_3]
Last Updated:December 18, 2024, 5:46 PM IST On a gross basis, India’s direct tax collections in the current financial year till December 17, 2024, stood at Rs 19,21,508 crore, a 20.32 per cent jump as compared to the corresponding period last year. The taxes include corporate tax, non-corporate tax, securities transaction tax, and other taxes….
New Delhi: India’s net direct tax collection for the financial year 2024-25 has seen a significant surge, with an increase of 18.35 per cent to almost Rs 11.26 lakh crore year on year, as of 10 October, the data from the Central Board of Direct Taxes (CBDT) shows. The gross collection of direct tax grew…