All Stories for Direct Tax Collection
Union Budget 2019: Direct taxes form about 50% of govt's revenue; help curb inflation, maintain socio-economic balance
Fp Research • 6 years agoDirect taxes are considered to be very productive, the reason being, as the working population and community grow, so do the returns from direct taxation.
Direct tax collection exceeds target in FY19, pegged at Rs 13.80 lakh cr in FY20; mop-up from customs crosses target
• 6 years agoAs 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.
CBDT chief says I-T return filing up 50% this year; expresses confidence to meet direct tax collection target
• 6 years agoDemonetisation 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.
Net direct tax collection grows 15.7% to Rs 4.89-lakh cr till third week of October: CBDT
• 7 years agoRs 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
Direct tax collection rises 19.5% to Rs 7.44 lakh cr in April-February period: Finance ministry
• 7 years agoThe 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
Direct tax revenue kitty grows 19% in Apr-July to Rs 1.90 lakh crore, says finance ministry
• 8 years agoIn 2016-17, the government collected over Rs 8.49 lakh crore in direct taxes, 14.5 percent higher than the previous year.
Income tax returns filing for 2016-17 grows 25%, govt claims it is demonetisation impact
• 8 years agoThe 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.
Net direct tax collection rises 14.8% to Rs 1.42 lakh cr in Q1, 5.2% drop in refunds
• 8 years agoThe net direct tax collection represents 14.5 percent of the total Budget Estimates of direct taxes (Rs 9.8 lakh crore) for 2017-18,
World Bank maintains India's economic growth outlook at 7.5% for FY16
Fp Archives • 9 years agoMultilateral lending agency expects 7.8% in 2016-17 and 7.9% in 2017-18
Four graphics that explain why 7.4% GDP growth appears unrealistic
Fp Editors • 10 years agoExperts, however, are not buying the new estimate on the face value; here are four graphics that explain why.