The Centre has pegged direct tax collection growth of 13.2% to Rs 25.2 lakh crore for FY26, compared with Rs…
On the indirect tax front, Central GST collections rose 5.8% to Rs 4.7 lakh crore in H1FY26, against an 11.2%…
According to the latest numbers for FY 2025-26 (up to November 10, 2025), net direct tax collections have touched Rs…
India’s net direct tax collections grew 7% so far in FY26. Corporate tax mop-up rose to Rs 5.37 lakh crore,…
India’s Q2 FY26 advance direct tax collections saw modest growth, largely due to recent income tax relief for individuals
India’s net direct tax collections have dropped by nearly 4% as of August 11, weighed down by tax relief measures…
Gross collections (before refunds) stood at Rs 7.99 lakh crore between April 1-August 11, a 1.87 per cent dip over…
Over Rs 35,105 crore in tax demands and 163 prosecution complaints have been raised under India’s black money law till…
Tax refunds saw a significant 38.01% rise, reaching Rs 1,01,980 crore.
Advance tax collections, a key indicator of corporate profitability and individual income, rose by just 3.87% year-on-year to Rs 1.56…
India’s Q1 FY26 advance tax collections rose just 3.6% YoY to Rs 1.54 lakh crore, hit by income tax reliefs…
India’s FY26 growth may hit 6.8% amid tax relief, RBI rate cuts, and strong investment outlook, says Finance Ministry. US-India…
FY25 direct tax collections rose 13.57% to Rs 22.26 lakh crore but fell 0.7% short of revised estimates due to…
New finance rules April 1: The new income tax slab, changes in UPI rules and the introduction of the Unified…
In the financial year 2024-25 (till March 16, 2025), the government’s net direct tax collection reached Rs 21.26 lakh crore,…
The net direct tax collection grew by 13.13 per cent to about Rs 21.27 lakh crore so far this financial…
The tea stall generates Rs 6,00,000 a month, yet only a fraction of this is subjected to tax. A substantial…
As amnesties have limited utility, simplified rules and an efficient resolution mechanism will help.