direct tax collection

Net direct tax mop-up grows 74% at Rs 5.70 lakh crore so far this fiscal

In the previous fiscal (2020-21), the net collection was over Rs 3.27 lakh crore.

published on : 24th September 2021

Direct tax collection more than doubles to Rs 1.85 lakh crore in fiscal year 2021-22

The department is expecting an increase in the figures as and when further information is received from banks.

published on : 17th June 2021

Elevated public debt, 11.8 per cent fiscal deficit for FY 2020-21 matter of concern: Report

UBS Securities India chief economist Tanvee Gupta Jainnoted that the elevated fiscal deficit has also led to historically high public debt levels, flagging concerns on the steep jump.

published on : 15th April 2021

Net income tax collection rises almost 15 per cent in first quarter

Net direct tax collection grew to Rs 1.42 lakh crore at the end of the first quarter due to a surge in advance tax payments.

published on : 6th July 2017