STT, PIT spikes lift net direct tax receipts 22.5%
Image used for representative purpose only. India’s net direct tax collections’ growth accelerated to 22.5% by August 11, from a 19.54% recorded a month ago, led by a 30% spike in Personal Income Tax (PIT) revenues and a 111% surge in Securities Transaction Tax (STT) receipts, even as corporate tax inflows grew a mere 5.9%…
Read More “STT, PIT spikes lift net direct tax receipts 22.5%” »