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Latest News on Direct Tax Collection
Showing of 0 - 10 from 11 results
Direct Tax Collection - Total results - 11
Oct 12, 2019
IIP contracts by 1.1% in August: Indian economy is waiting for a Santa to cheer it with bags full of moneyThe August IIP numbers was the lowest in seven years showing negative growth of 1.1%
Jun 19, 2019
Union Budget 2019: Direct taxes form about 50% of govt's revenue; help curb inflation, maintain socio-economic balanceDirect taxes are considered to be very productive, the reason being, as the working population and community grow, so do the returns from direct taxation.
Feb 01, 2019
Direct tax collection exceeds target in FY19, pegged at Rs 13.80 lakh cr in FY20; mop-up from customs crosses targetAs per the 2019-20 Budget estimates, out of the Rs 13.80 lakh crore direct taxes, the government aims to raise Rs 7.60 lakh crore from corporate tax and Rs 6.20 lakh crore from PIT.
Dec 04, 2018
CBDT chief says I-T return filing up 50% this year; expresses confidence to meet direct tax collection targetDemonetisation has been very good for increasing the tax base of the country due to which the I-T return filings increased to 6.08 crore, a 50 percent rise, he said.
Oct 22, 2018
Net direct tax collection grows 15.7% to Rs 4.89-lakh cr till third week of October: CBDTRs 4.89-lakh cr accounted for 42 percent of the full-year direct tax collection target of Rs 11.5 lakh crore for the fiscal ending 31 March, 2019
Mar 08, 2018
Direct tax collection rises 19.5% to Rs 7.44 lakh cr in April-February period: Finance ministryThe Direct Tax collection has risen 19.5 percent to Rs 7.44 lakh crore in the April-February period of the current fiscal, buoyed by a strong pick up in corporate tax
Aug 10, 2017
Direct tax revenue kitty grows 19% in Apr-July to Rs 1.90 lakh crore, says finance ministryIn 2016-17, the government collected over Rs 8.49 lakh crore in direct taxes, 14.5 percent higher than the previous year.
Aug 08, 2017
Income tax returns filing for 2016-17 grows 25%, govt claims it is demonetisation impactThe growth in ITRs filed by individuals is 25.3 percent with over 2.79 crore returns having been received up to 5 August as against over 2.22 crore returns filed in the corresponding period last fiscal.
Jul 07, 2017
Net direct tax collection rises 14.8% to Rs 1.42 lakh cr in Q1, 5.2% drop in refundsThe net direct tax collection represents 14.5 percent of the total Budget Estimates of direct taxes (Rs 9.8 lakh crore) for 2017-18,
Oct 30, 2015
World Bank maintains India's economic growth outlook at 7.5% for FY16Multilateral lending agency expects 7.8% in 2016-17 and 7.9% in 2017-18