Amid debate about inheritance tax, rising share of personal income tax and indirect tax remains a concern

Share of personal income tax and indirect tax shows increase Over the last week, during the…

Direct tax collections jump by 18 per cent to Rs 19.58 lakh crore, exceeds estimates in FY24

Image Source : FILE The gross corporate tax collection (provisional) in FY 2023-24 was up 13.06…

Direct Tax Collection Grows 20 Pc to Rs 18.90 Lakh Cr Till Mar 17 – News18

Last Updated: March 19, 2024, 21:15 IST On a gross basis, before adjusting refunds, the direct…

Budget 2024: One crore taxpayers to get relief from outstanding tax demands

In the case of some taxpayers, their income tax disputes have been going on for years.…

Direct tax to GDP ratio climbs to 6.11% in F.Y. 2022-23: CBDT releases comprehensive data

Net direct tax collections surged by 160.52% from Rs. 6,38,596 crore in F.Y. 2013–14 to Rs.…

Hat-trick on cards? Dividends from CPSEs may cross ₹50,000 cr this year too

Dividends from central public sector enterprises (CPSEs) are likely to cross ₹50,000 crore during the current fiscal…

Net Direct Tax Collection Grows 22% To Rs 10.60 Lakh Crore So Far

The growth rate for corporate income tax (CIT) is 7.13 per cent, while that for PIT…

Direct Tax Collections Cross Rs 6.53 Lakh Crore So Far This Financial Year

The collection is 32.03% of the total budget estimates of direct taxes for current fiscal 2023-24.…

Direct tax collections rise 16% to ₹6.53 lakh crore till August 10 in FY24

Image used for representational purpose only. | Photo Credit: S. Siva Saravanan Gross direct tax collection…

Increase in TDS revenue is a sign that compliance strategy is working

New Delhi: The Income Tax Department is increasingly collecting a higher share of tax revenue from…