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The government had aimed for Rs.22.07 lakh crore in direct tax receipts, and CBDT chief's remarks suggest the country is poised to exceed this goal for the second consecutive year

India’s direct tax collections set to exceed budget target for 2024-25

PGurus Newsdesk - November 19, 2024 1

Direct tax collections likely to exceed Budget target of Rs.22 lakh crore India's direct tax collections are on track to surpass the target set in...

This strong growth in tax collections follows a record performance in the previous fiscal year

India’s direct tax collections surge by 15.4% to Rs.12.1 lakh crore in April-November

PGurus Newsdesk - November 12, 2024 1

India’s direct tax receipts surged by over 21%, reaching Rs.15 lakh crore India's net direct tax collections have recorded a robust growth of 15.4% during...

The fiscal deficit has been reduced from more than 9% of GDP in 2020-21 to the targeted level of 5.1% for 2024-25

Direct tax collections jump 19.5% to Rs.5.74 lakh crore in 2024-25

PGurus Newsdesk - July 13, 2024 1

Net direct tax collections grow 19.05% The net direct tax collection recorded a strong growth of 19.5% to Rs.5.74 lakh crore as of July 11...

Net direct tax collection of Rs.18,90,259 cr as on March 17, 2024, includes CIT Personal Income Tax including Securities Transaction Tax

Net direct tax collections for FY 2023-24 grow at over 19.88%: I-T Dept

PGurus Newsdesk - March 20, 2024 0

India's net direct tax collection over Rs.18.90 lakh crore till March 17 The provisional figures of direct tax collections for the Financial Year 2023-24 as...

The growth in direct tax mop-up, which comprises personal income tax and corporate taxes, was driven by Personal Income Tax (PIT) collections

India’s direct tax collections surge by 22.58% YoY to Rs.16.68 lakh cr till 10...

PGurus Newsdesk - March 11, 2023 0

Net direct tax collections reach Rs.13.73 lakh crore; 83% of the revised estimate for FY23 On Saturday, the Central Board of Direct Taxes (CBDT) revealed...

The Budget 2023 estimated tax revenue of Rs 33.6 trillion for FY24, which is 10.4% higher than Rs 30.4 trillion projected in the revised estimates for FY23

India’s direct tax collections surge by 24% YoY to Rs.15.67 lakh cr till February...

PGurus Newsdesk - February 11, 2023 1

The direct tax collection after the net of refunds stood at Rs.12.98 lakh cr which is 18.40 percent higher YoY On Saturday the Ministry of...

Refunds amounting to Rs.2.40 lakh crore have been issued between April 1, 2022, and January 10, 2023, higher by 58.74% YoY

Direct tax collections rise 24.58% YoY to Rs.14.71 lakh crore

PGurus Newsdesk - January 12, 2023 0

The growth rate for CIT was 19.72 percent while that for PIT was 30.46 percent Direct tax collections stood at Rs.14.71 lakh crore till January...

Gross collection of direct taxes for 2022-23 stood at Rs.13,63,649 crore, registering a growth of 25.90%

Direct tax collections up 19.81% at Rs.11,35,754 cr till Dec 17

PGurus Newsdesk - December 19, 2022 0

India's direct tax collection grows 26% to Rs.13.63 lakh cr for FY23 Direct tax collections stood at Rs.11,35,754 crore, as on December 17, 2022, up...

Last year, direct tax collections stood at Rs.5.29 lakh crore, which was 30.17 percent higher than the net collections for the corresponding period of the previous year

Gross direct tax collections up 35.46% YoY in FY23; to touch Rs.6.48 lakh crore...

PGurus Newsdesk - September 10, 2022 1

Present collections are 37.24% of total budget estimates for 2022-23 Gross direct tax collections stood at Rs.6.48 lakh crore till September 8, which is 35.46...