Search result for 'income tax collection'

Finance Minister Sitharaman defends Finance Bill 2025, highlighting tax relief, increased I-T collection target, and customs duty rationalization.

India's net direct tax collection surged 13.13% to Rs 21.26 lakh crore in FY25, driven by higher advance tax payments, particularly from non-corporates. The government collected Rs 10.44 lakh crore...

India's net direct tax collection surged 14.69% to over Rs 17.78 lakh crore till Feb 10, driven by strong growth in personal and corporate income tax.

India's Modi government sees a five-fold increase in ITR filers with income above Rs 50 lakh, while middle class tax burden has reduced. Learn more about the impact of tax policies on different...

India's net direct tax collection reached Rs 11.25 lakh crore in the first six months of FY24, a growth of 18.3% year-on-year. The collection includes personal income tax, corporate tax, and...

India's net direct tax collection rose by 22.48% to Rs 6.93 lakh crore in the current fiscal year, driven by strong personal and corporate income tax collections.

Congress accuses Modi government of favoring billionaires with tax cuts while burdening middle class with higher income taxes. Jairam Ramesh highlights disparities in tax collection.

India's net direct tax collections jumped 18% to Rs 19.58 lakh crore in FY24, exceeding revised estimates. Corporate and income taxes contributed significantly to the growth.

India's direct tax collections in FY24 exceeded revised estimates by a wide margin, reaching Rs 19.58 lakh crore, fueled by economic buoyancy and rising incomes.

India's FY25 gross tax revenue is projected to reach Rs 38.31 lakh crore, fueled by a 11.6% increase in GST collections, according to the Interim Budget 2024-25.

Over 7.76 crore income tax returns for FY 2022-23 have been filed in India till December 2, 2023, with more expected before the deadline.