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Direct tax collection

Direct Tax Collection: Will exceed budget target for direct tax: CBDT chairman Nitin Gupta

Kemal Pasha Oct 11, 2023

Expressing confidence that the direct tax collection in the current fiscal would exceed the budget estimate of Rs 18.23 trillion, Central Board of Direct Taxes (CBDT) Chairman Nitin Gupta on Tuesday listed out some of the key…

Business

Direct tax mop-up grows 16% to Rs. 4.75 trillion, so far this fiscal

Kemal Pasha Jul 10, 2023

India’s direct tax collection soared 16 per cent to touch Rs. 4.75 trillion this fiscal, showing continuity in revenue growth despite external headwinds. The collection have gathered pace over past months of the current…

Business

Bengaluru in close race with Delhi in direct tax collection: I-T dept data

Kemal Pasha Apr 12, 2023

Bengaluru, which houses global and Indian IT giants, is set to overtake Delhi to become the second-highest contributor in the country’s direct tax collection, after Mumbai, an internal analysis of the Income-Tax Department showed. …

Business

Net direct tax collection hits Rs 13.73 trn, 83% of FY23 revised estimate

Kemal Pasha Mar 11, 2023

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Business

At Rs 14.71 trn, direct tax collection hits 86.6% of FY23 target by Jan 10

Kemal Pasha Jan 12, 2023

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Business

Advance tax mop-up grew 12% in April-Dec period to Rs 5.21 trillion

Kemal Pasha Dec 18, 2022

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Business

Direct tax mop-up jumps 35.5% to Rs 6.48 trillion in FY23: Govt

Kemal Pasha Sep 9, 2022

The provisional gross direct tax collections for FY23 till September 8 stood at Rs 6.48…

Business

Direct tax collections top revised budget estimate by ₹1 lakh crore

Kemal Pasha Mar 19, 2022

India's direct tax collections have surpassed the Revised Estimates by over ₹1 lakh crore. Net direct tax collections till March 16 in the current fiscal year (FY22) stood at ₹13.63 lakh crore, a growth rate of over 48.4%, showed official…