India's net direct tax collection rose 8% year-on-year to 17 trillion rupees ($188.5 billion) from April 1 to December 17, ...
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The net direct tax collections stood at ₹17.05 lakh crore, compared with ₹15.78 lakh crore in the same period last year.
In the current fiscal (2025-26), the government has projected its direct tax collection at ₹25.20 lakh crore, up 12.7% ...
Net direct tax collection grew 8 per cent to over Rs 17.04 lakh crore this fiscal till December 17 on slower refunds and higher advance taxes from corporates, the income tax department data showed on ...
Net direct tax collection grew 8% to over ₹17.04 lakh crore between April 1-December 17 as refund issuances slowed, the income tax department data showed on Friday (December 17, 2025).
Advance tax payments have also shown positive growth, increasing by 4.27% to Rs 7,88,388 crore. Corporate advance tax payments grew nearly 8% to Rs 6,07,300 crore, while advance tax from non-corporate ...
New Delhi, Dec 19: India’s net direct tax collections recorded an 8 per cent growth to Rs 17.05 lakh crore so far in the current financial year (2025-26), on the back of a steady growth in corporate ...
Gross direct tax collections, before adjusting for refunds, recorded 4.16 per cent growth at Rs 20.01 lakh crore.
The Income Tax Department has clarified that recent messages sent to some taxpayers regarding transactions are advisory in nature and aimed at voluntary compliance, not enforcement action.
The government is likely to miss its ambitious income tax collection target of 15% for FY26 by a big margin. Despite the 2025 Union Budget announcing a major re ...
The data showed that while advance tax paid by corporate assesses increased by around 8 per cent to over ₹6.07 lakh crore, ...
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