Key Points
NEW DELHI: A total of Rs 13.7 lakh crore worth direct taxes (net) have been collected so far in the current. 2023-24, representing a 20.66 per cent increase on a yearly basis, according to provisional figures put out by the government on Monday.. The collections were to the tune of Rs 11.3 lakh crore in the corresponding period of the preceding year 2022-23...
collection of Rs 13.7 has been collected, including corporation tax (CIT) at Rs 6.9 lakh crore (net of refund) and personal income tax (PIT) including..
The provisional figures of gross collection of direct taxes (before adjusting for refunds) for the financial year 2023-24 stand at Rs 15.9 lakh crore compared to Rs 13.6 crore in the corresponding period of the preceding financial year, showing a growth of 17.01 per cent over the collections of 2022-23, the. said.. Over the last few years, various efforts have been made to increase the tax base and improve compliance...
You might be interested in
Gross direct tax collection grows 20% to Rs 19.68 lakh cr, crosses revised estimates target
03, Apr, 23It was observed that the gross collection has exceeded the revised estimates (RE), established on February 1 by Rs 2.41 lakh crore, which is 16.97 per cent. This was due to the boost in personal income tax collection.
India's direct tax collection up 18% YoY as of October
10, Oct, 23India's gross direct tax collection for the period from April 1 to October 9 increased by 17.95% to Rs 11.07 lakh crore, according to the Ministry of Finance. Net collections were 21.82% higher than the same period last year, reaching Rs 9.57 lakh crore. Refunds totaling Rs 1.50 lakh crore were issued during this period.
Net direct tax collection rises 11 pc to Rs 3.80 lakh cr, so for in FY24: FinMin
18, Jun, 23Meanwhile, corporate tax collections so far in FY24 is at Rs 1.57 lakh crore, while personal income tax collections at Rs 2.22 lakh crore. Advance tax collections for April-June 2024 at Rs 1.17 lakh crore as on June 17, up 13.7% year-on-year.
File ITR by July 31, no extension under consideration, says govt
16, Jul, 23"So, I would advise them to file their tax return at the earliest because the deadline of July 31 is approaching fast," he said.
Net direct tax mop-up grows 22% to Rs 10.60 lakh crore so far in FY'24, crosses 58% of budget target
10, Nov, 23India Business News: NEW DELHI: Net direct tax collection swelled 22 per cent so far this fiscal year to Rs 10.
Net direct tax collection rises 19% till Jan 11, reaches 81% of FY24 target
11, Jan, 24India's net direct tax collection has witnessed a significant rise of 19% to reach Rs 14.70 lakh crore as per the latest official government data released on Thursday. Moreover, the data further highlights that the tax collection has already reached 81% of the full-year target.
Net direct tax collection at Rs 10.64 lakh cr in Apr-Nov; 58.34 pc of BE
14, Dec, 23The net tax collection for April-November stood at Rs 10.64 lakh crore, which is 23.4 per cent higher than the corresponding period of last year, the Ministry of Finance said. Gross collections, before issuing refunds, grew 17.7 per cent to Rs 12.67 lakh crore in the April-November period. Refunds amounting to Rs 2.03 lakh crore issued from April to November of the current fiscal.
GST collection in September rises 10 pc to Rs 1.62 lakh crore
02, Oct, 23New Delhi [India], October 1 (ANI): The gross Goods and Services Tax revenue collected in the month of September was Rs 162,712 crore, official data from the Ministry of Finance showed on Friday. The monthly revenue is 10 per cent higher than the collection the same month the previous year. It is the fourth time […]
File ITR at earliest as govt not contemplating extension of July 31 deadline: Revenue secretary
16, Jul, 23We would like to thank income tax return filers as ITR filing has been at a much faster pace than last year and we would advise them not to wait to the last moment and also not to hope for any extensions. So, I would advise them to file their tax return at the earliest because the deadline of July 31 is approaching fast, he said.