India’s net direct tax collection grows 16.45%, advance tax rises 21% this fiscal

Dec 18, 2024, at 10:53 pm

New Delhi: India’s net direct tax collection rose by 16.45% year-on-year to over Rs 15.82 lakh crore as of December 17 this fiscal, driven by higher advance tax payments, according to government data.

Net direct tax collection grows 21% YoY to over Rs 4.62 lakh cr in Apr-Jun

Jun 19, 2024, at 02:45 am

New Delhi: India's net direct tax collections have increased by 21 percent year-on-year, reaching over Rs 4.62 lakh crore from April 1 to June 17, according to the income tax department on Tuesday.

April GST collection hits record high at Rs 2.1 lakh crore, up 12.4% y-o-y

May 02, 2024, at 03:00 am

New Delhi: India saw a record high in Goods and Services Tax (GST) revenue for April 2024, a 12.4 percent y-o-y increase, hitting a historic peak of Rs 2.1 lakh crore in gross terms, the Finance Ministry said on Wednesday.

GST collection surges 15% YoY to Rs 1.68 trillion in November

Dec 02, 2023, at 06:18 am

New Delhi: Highlighting the ongoing robust activity in the Indian economy, the collection of goods and services tax (GST) witnessed a substantial 15% year-on-year surge in November.

Indirect, direct tax collection up despite demonetisation says Finance Minister Arun Jaitley

Jan 09, 2017, at 08:24 pm

New Delhi, Jan 9 (IBNS): Union Finance Arun Jaitley said on Monday that indirect and direct tax collection has gone up during the first three quarters of the current fiscal despite demonetisation in November, according to media reports.