Total 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 collections have seen a significant increase of nearly 20% to ₹5.74 lakh crore in FY25 so far, with personal income tax flows dr...

The 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...

Corporate advance tax accounted for ₹54,445 crore, up 75% from ₹31,107 crore. Personal income tax rose 115% to ₹39,662 crore.

In the next financial year, the department will use artificial intelligence and data mining to enhance revenue collections, which will help...

Govt 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...

Collection totalled about Rs 140,000 crore until August 29, according to data collated by the income tax department.

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...

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...

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 taxes collections had declined in December 2008 as the economy bore the brunt of the global financial meltdown .

The recovery of the Indian economy, as was broadly expected, has worked well for the advance tax figures.

The optimism among policymakers and economists about economic growth gaining momentum failed to find reflection in the government’s indirec...

The government has something to cheer about on the tax collection front.

Budget 2008 may unveil tax sops to help India weather a global economic downturn.

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.

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...