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

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

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.

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

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.

Gross Direct Tax collection grows 18% YoY to Rs 12 lakh cr up to Nov 9

Gross Direct Tax collection grows 18% YoY to Rs 12 lakh cr up to Nov 9

Nov 11, 2023, at 03:47 am

New Delhi: The Direct Tax collections up to November 9, 2023, continued to register steady growth with the Gross Direct Tax collections witnessing a 17.59% growth to Rs 12.37 lakh crore, compared to the corresponding period of last year.

Net direct tax mop-up rises 23.5 pc in FY24 till mid-September

Net direct tax mop-up rises 23.5 pc in FY24 till mid-September

Sep 20, 2023, at 06:29 am

New Delhi: The Centre's tax kitty continues to swell on the back of strong economic growth. The latest data shows net direct tax collections rose 23.51% year-on-year to Rs 8.65 lakh crore in the current financial year till September 16 as against Rs 7 lakh crore in the same period a year ago.

Direct tax collection grows 17% to Rs 5.84 lakh cr so far this fiscal

Direct tax collection grows 17% to Rs 5.84 lakh cr so far this fiscal

Aug 12, 2023, at 09:10 am

New Delhi: Net direct tax collection in the current fiscal year up to August 10 stood at Rs. 5.84 lakh crore, 17.33% higher than the net collections for the corresponding period of last year.

Gross Direct Tax collections for FY 2023-24 grow of 12.73%

Gross Direct Tax collections for FY 2023-24 grow of 12.73%

Jun 19, 2023, at 01:34 pm

New Delhi: Direct Tax collections for the Financial Year 2023-24, as on June 17, show that net collections are at Rs 3,79,760 crore, compared to Rs. 3,41,568 crore in the corresponding period of the preceding Financial Year i.e. FY 2022-23, representing an increase of 11.18%.