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Direct Tax Collections News

06 Jul 2022

DNA: What facilities government has provided in lieu of taxes?

In the financial year 2021-22, the Government of India had received Rs 27 lakh crore as tax. Of these, Rs 14 lakh crore was received by the government in the form of direct tax and Rs 13 lakh crore in the form of indirect tax. But what facilities government has provided in return?

Direct Tax Collections

10 Dec 2018

Direct tax collections surge 15.7% to Rs 6.75 lakh cr in April-November

Refunds worth Rs 1.23 lakh crore have been issued in the eight months of the current fiscal, which is 20.8 percent higher than refunds issued in the same period last year.

Direct Tax Collections

15 Nov 2018

Direct tax collections to exceed target this fiscal: CBDT chief

This year so far 6.02 crore ITRs have been filed with the Income Tax Department.

Direct Tax Collections

04 Oct 2018

Direct tax collections till September at Rs 5.47 lakh crore

The net Direct Tax collections represent 38.6 percent of the total Budget Estimates of Direct Taxes for FY 2018-19.

08 Mar 2018

Direct Tax collections for FY 2017-18 show growth of 19.5% up to February

High growth was recorded in corporate and personal income taxes.

Direct Tax Collections

09 Jan 2018

Direct tax collections grow 18.2% to Rs 6.56 lakh crore in April-December

The government estimates to collect Rs 9.80 lakh crore from direct taxes in the current fiscal.

Direct Tax Collections

09 Dec 2017

Direct tax collections grow 14.4% to Rs 4.8 lakh crore in April-November

The government estimates to collect Rs 9.80 lakh crore from direct taxes in the current fiscal.

Direct Tax Collections

11 Oct 2017

Direct tax collections jump 16% to Rs 3.86 lakh crore till September

A Central Board of Direct Taxes (CBDT) statement here said the collections for the period April-September amount to 39.4 per cent of the total budget estimates of direct taxes for the current financial year.

Direct Tax Collections

09 Aug 2017

Direct tax collection up 19% in April-July at Rs 1.90 lakh crore

Collections of direct taxes, which are made up of personal and corporate taxes, soared to Rs 1.90 lakh crore in April-July, an official statement said here.

17 Jun 2017

Income tax mop-up begins on strong footing, up 26.2% till date

Net income tax collection till June 15 grew at a healthy 26.2 percent to Rs 1,01,024 crore from across the country as of June 15 from Rs 80,075 crore in the year ago period.

26 Jan 2017

Budget: FM may cut taxes, lack of indirect-tax data may make it tough

Finance Ministers usually weave around their welfare spending proposals based on projections of direct and indirect tax collections in the fiscal.

10 Oct 2016

Direct tax collections till September grow 9% to Rs 3.27 lakh crore

Direct tax collections during the six months ended September grew about 9 percent to Rs 3.27 lakh crore, buoyed mainly by personal income tax mop-up.

Direct Tax Collections

09 Aug 2016

Direct tax mop-up jumps 24% to Rs 1.59 lakh crore in Apr-Jul

Direct tax collection registered a growth of 24.01 per cent to Rs 1.59 lakh crore during the April-July period of the current financial year.

25 May 2015

Squeeze parallel economy in a fair manner: FM to taxmen

Jaitley further said that improvement in tax collection will increase the ability of the government to step up spending on social and infrastructure projects.

25 May 2015

We expect a growth of 14-15% in direct tax collections: FM Jaitley

While addressing the conference he said that we have to bring tax rate at global level while t the same time removing the exemptions.

Direct Tax Collections

05 May 2015

Direct Tax collections marginally short of target in 2014-15

Direct tax collections touched Rs 6,96,200 crore during 2014-15 despite difficulties on the economic front, marginally falling short of the target.

23 Dec 2014

Direct tax collections rise 5.67% during Apr-Nov

The government's direct tax collections during April-November of this fiscal rose 5.67 percent to Rs 3.29 lakh crore over the same period a year ago.

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