direct tax collection

The Interim Budget estimate of 13.5% growth in gross tax revenue for FY20 on the back of a robust base of 17.2% growth in FY19 (revised estimate or RE) is somewhat too optimistic, says. Report in...
Feb 05, 2019
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Finance secretary Hasmukh Adhia has said the government has crossed over the direct tax collection target for FY18.   According to a note by the Ministry of Finance, the provisional figures of...
Apr 03, 2018
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Net direct tax collections for the April-September period stand at Rs 3.86 lakh crore, which is 15.8 per cent higher than the collection of same period previous year.    "Net direct tax...
Oct 12, 2017
782
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The government has collected Rs 8.5 lakh crore as income tax on individuals and businesses, in 2016-17, according to an estimate by the income tax (I-T) department.    The collection was 14.5...
Aug 08, 2017
1,157
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The government has witnessed 21.4 per cent year-on-year growth in direct tax collection at over Rs 1.80 lakh crore in direct tax till July 15 in the current fiscal, a PTI report said. “The current...
Aug 02, 2017
1,200
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