India's direct tax collections, in gross terms, have witnessed a robust growth of 4.16 per cent year-on-year so far in 2025-26, reaching Rs 20 lakh crore, data released by the Central Board of Direct Taxes (CBDT) showed Friday.
Ranveer Singh's latest spy thriller, Dhurandhar, continued its record-breaking run at the box office, setting a "new benchmark" with the highest-ever second Saturday collections in Hindi cinema.
Mumbai (Maharashtra) [India], December 12: Ekta World has successfully repaid Rs 170 crore to ICICI Bank through phased repayments, backed entirely by the strong sales and collections from its marquee development, Ekta Tripolis. The repayment, done recently, was completed without any externa
Mumbai (Maharashtra) [India], December 8: After a celebrated debut in Dubai, Parisbelle arrived in India with an immersive launch soiree, unveiling five exquisite fragrance collections and introducing a luxury Dubai-to-India sensorial journey.
The Central government is expected to meet its fiscal deficit target for FY26 by cutting back on capital expenditure to offset potential shortfalls in income tax and GST collections, according to a report by Goldman Sachs.
A challenging external environment coupled with the continuing impact of tariffs is expected to keep future growth estimates subdued, according to a report by SBI Mutual Fund.
The provisional figures of Direct Tax collections up to 10th November, 2025 show that net collections stand at Rs 12.92 lakh crore, compared to Rs 12.08 lakh crore in the corresponding period of the preceding financial year, representing a growth of 7.00 per cent.
The net revenue shortfall arising from the recent Goods and Services Tax (GST) rationalisation, estimated at around 0.1 per cent of GDP for the current fiscal, is expected to be offset by the higher dividend transfer from the Reserve Bank of India (RBI), noted a report by CareEdge Ratings.
According to the company, revenue from the distribution of financial services surged 63% YoY to Rs 611 crore, supported by growth in merchant loans and improved collections. During the quarter, around 6.5 lakh consumers and merchants availed Paytm's financial services.
Gross Goods and Services Tax (GST) collections for October 2025 stood at Rs 1,95,936 crore, marking a 4.6 per cent rise from Rs 1,87,346 crore collected in the same month last year, according to a government release. The increase reflects strong consumer spending and trade activity, parti
The Goods and Services Tax (GST) collections in October, in gross terms, rose 4.6 per cent to about 1.95 lakh crore compared to about 1.87 lakh crore in the same month last year, according to official data released Saturday.