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DIRECT TAX MOPUP
Direct tax mopup rises 294 percent in a decadeTotal number of taxpayers surged to 10.41 crore, from 5.70 crore in FY15, as per the data. The number of tax returns more than doubled to 8...
Direct tax mopup 20% bigger in FY25 on income tax boostDirect tax collections have seen a significant increase of nearly 20% to ₹5.74 lakh crore in FY25 so far, with personal income tax flows dr...
Net direct tax collection rises 16% to Rs 4.75 lakh cr so far this fiscalThe government has projected a growth of 9.6% for direct taxes in FY24. The direct tax collection so far are in line with other data that p...
Advance tax collections grow 90% in Q3 of FY22Corporate advance tax accounted for ₹54,445 crore, up 75% from ₹31,107 crore. Personal income tax rose 115% to ₹39,662 crore.
Will meet FY20 direct tax target of Rs 11.7 lakh cr: ModyIn the next financial year, the department will use artificial intelligence and data mining to enhance revenue collections, which will help...
Government to miss direct tax mopup target for third yearGovt is unlikely to meet the direct tax collection target for the third year running and FM’s plan to expand the tax base by a crore will a...
Direct tax mopup misses target in five months to AugustCollection totalled about Rs 140,000 crore until August 29, according to data collated by the income tax department.
- Direct tax collections up 6.59% in April-October
Direct tax collections rose 6.6% in the first seven months of the current financial year from a year ago, underlying Indian economy's strug...
- Collection of direct taxes grew 16%, slower than the required 35%
Direct tax collection grew 16% in 10 months this fiscal, sharply lower than the 35% pace needed to meet the government's full-year projecti...
- Direct tax mopup rises 19% in H1
The government managed to raise Rs 1,81,758 crore during the period, up from Rs 1,52,625 crore in the year-ago period.
- Direct tax mopup rises 8.5% in H1
Direct taxes collections had declined in December 2008 as the economy bore the brunt of the global financial meltdown .
- Direct tax collection increases 8.1% to Rs 2.27 lakh crore
The recovery of the Indian economy, as was broadly expected, has worked well for the advance tax figures.
- All's not well: Excise mopup dips 17% in September
The optimism among policymakers and economists about economic growth gaining momentum failed to find reflection in the government’s indirec...
- Direct tax mopup to scale 3.05 L cr
The government has something to cheer about on the tax collection front.
- Bursting kitty likely to leave taxpayers richer
Budget 2008 may unveil tax sops to help India weather a global economic downturn.
- Apr-Oct direct tax mopup rises 43%
The direct tax collections continued to grow by over 43% in the first seven months (April-October) of the fiscal year to Rs 1,28,864 crore.
- Direct tax mopup crosses Rs 2 lakh cr
It’s party time for the revenue department. Riding on the back of a booming economy, direct tax collections for the first time have crossed...