Tag: direct tax india

Net direct tax collection grows 15.41% to ₹12.11 lakh crore till Nov 10

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Net direct tax collection grows 15.41% to ₹12.11 lakh crore till Nov 10

Net direct tax collection grew 15.41% to ₹12.11 lakh crore between April 1 and November 10. This include net corporate tax of ₹5.10 lakh crore and non-corporate taxes (including taxes paid by individuals, HUFs, firms) of ₹6.62 lakh crore. Other taxes (which include Equalisation Levy and gift tax) worth ₹35,923 crore were mopped up. As…

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Direct tax kitty gathers steam, up 20.25% by February 10

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Direct tax kitty gathers steam, up 20.25% by February 10

Growth in the Personal Income Tax revenues continued to outstrip Corporate Income Tax. Representational | Photo Credit: C. Venkatachalapathy India’s net direct tax collections picked up pace over the past month to rise 20.25% year-on-year by February 10, compared to a 19.4% uptick on the same date in January, as per data released by the…

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