Net direct tax kitty swells 16% to Rs 16.90 lakh crore so far in FY25
Monday, 13 January 2025 The net direct tax collection in India has grown by 15.88% to approximately Rs 16.90 lakh crore so far in the current fiscal year, with personal income tax accounting for over Rs 8.74 lakh crore and corporate tax at around Rs 7.68 lakh crore. Gross direct tax collection has reached over Rs 20.
The Mahakumbh 2025 in Prayagraj has witnessed an unprecedented turnout, with over 40.68 crore (406.8 million) devotees taking a holy dip at the sacred Sangam since January 13. On February 9 alone,..
In a major relief for taxpayers, Finance Minister Nirmala Sitharaman announced that individuals earning up to ₹12 lakh annually will now be exempt from paying income tax. This unprecedented move aims..
Direct tax collections in India have surged nearly 20% to Rs 20.6 lakh crore for the fiscal year up to January 12, with non-corporate tax outpacing corporation... IndiaTimes