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Tag: higher advance tax payments

Direct tax mop-up rises 20% to ₹5.74 lakh cr on higher corporate advance tax

Posted on July 13, 2024 By admin
Direct tax mop-up rises 20% to ₹5.74 lakh cr on higher corporate advance tax

Photo used for representation purpose only. | Photo Credit: Getty Images/iStockphoto Net direct tax collection grew 19.54% to over ₹5.74 lakh crore so far this fiscal on higher advance tax payment by corporates. The first instalment of advance tax, which was due on June 15, rose 27.34% to ₹1.48 lakh crore. This includes Corporation Income…

Read More “Direct tax mop-up rises 20% to ₹5.74 lakh cr on higher corporate advance tax” »

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