Search For "tax collections"
Direct tax collections rise 20.3% to Rs 19.2 lakh crore by far in 2024-25
Updated : 1 year, 2 months ago IST
The gross direct tax collections by the government so far in 2024-15 were 20.32 per cent higher on a yearly basis at Rs 19.21 lakh crore, data released by the Central Board of Direct Taxes (CBDT) showed on Wednesday.
Read More
India's fiscal deficit will be 4.8 pc in FY25, below budget estimate of 4.
Updated : 1 year, 2 months ago IST
The fiscal deficit of the central government is projected to be 4.8 per cent of GDP for FY25, slightly below the budgeted estimate of 4.9 per cent, according to a report by Care Edge Ratings. The marginal improvement is attributed to healthy tax collections, despite certain shortfalls.
Read More
India's net direct tax collections up by 18.35 pc to almost Rs 11.26 lakh
Updated : 1 year, 5 months ago IST
India's net direct tax collection for the financial year 2024-25 has seen a significant surge, with an increase of 18.35 per cent to almost Rs 11.26 lakh crore year on year, as of 10 October, the data from the Central Board of Direct Taxes (CBDT) shows.
Read More
Festive season will bring in higher GST collections in coming months: Exp
Updated : 1 year, 5 months ago IST
After the Goods and Services tax collections for September showed a yearly jump of 6.5 per cent, the experts in this domain have expressed optimism for the collections in the upcoming months, citing the continued festive season and the government's focus to ensure a stable revenue trajectory
Read More
Direct tax collection soars, gross collections surge by 21% to reach at Rs
Updated : 1 year, 5 months ago IST
India's direct tax net collection for the financial year 2024-25 has seen a significant surge, with an increase of 21.48 per cent as of 17 September this year, the data from the Central Board of Direct Taxes (CBDT) shows.
Read More
Direct tax collections 24 pc higher at Rs 8.1 lakh crore
Updated : 1 year, 7 months ago IST
The gross direct tax collections by the government so far in 2024-15 were 24 per cent higher on a yearly basis at Rs 8.13 lakh crore, data released by the Central Board of Direct Taxes (CBDT) showed on Monday. During the same period last year, the gross tax collections were Rs 6.55 lakh cror
Read More
April-June 2024 figures suggest fiscal deficit at Rs 1.4 tn Vs Rs 4.5 tn (
Updated : 1 year, 7 months ago IST
India's fiscal deficit reduced to Rs 1.4 trillion during April-June 2024, down from Rs 4.5 trillion reported in the same period last year, according to a report by Anand Rathi Equity, a financial services company.
Read More
Ministry of Finance: Direct tax collections for FY 2024-25 surge by over 2
Updated : 1 year, 9 months ago IST
According to a press release by the Ministry of Finance, these figures underscore the country's strong economic performance and a healthy tax compliance environment.
Read More
FY24 net direct tax collections exceed budget estimation by 7.4%
Updated : 1 year, 10 months ago IST
The gross direct tax collections for the Financial Year (FY) 2023-24 in India reached Rs. 19.58 lakh crore, compared to Rs. 16.64 lakh crore in FY 2022-23, reflecting an increase of 17.70 per cent.
Read More
Gross Direct Tax collections for financial year 2023-24 register growth of
Updated : 1 year, 12 months ago IST
The provisional figures of Direct Tax collections for the financial year 2023-24 (as on March 17, 2024) show that net collections are at Rs. 18,90,259 crore, compared to Rs. 15,76,776 crore in the corresponding period of the preceding financial year 2022-23, representing an increase of 19.88
Read More
Gross direct tax collections up 16.8 pc so far in 2023-24
Updated : 2 years, 2 months ago IST
Direct tax collections so far in the financial year 2023-24 have risen 16.77 per cent to Rs 17.18 lakh crore (in gross terms), data put out by the Ministry of Finance said on Thursday.
Read More
"Assam's economy will be close to Rs 10 lakh cr by 2026," says Chief Minis
Updated : 2 years, 2 months ago IST
Stating that the size of the economy of Assam is expected to rise to Rs 10 lakh crore by the year 2026, Assam Chief Minister Himanta Biswa Sarma on Monday said that path-breaking mega-investments are happening in the state, adding that the state has also witnessed growth in tax collection
Read More