Tag: advance tax payments
India’s net direct-tax collections rise 13% to Rs 12.10 lakh crore on strong advance-tax growth
New Delhi: India’s net direct-tax collections rose nearly 13% year-on-year to ₹12.10 lakh crore as of September 17, boosted by advance-tax payments, which grew 16.18%…
E-filing portal to facilitate compliance under both tax laws during transition: I-T Dept
New Delhi: The Income Tax department on Monday said its e-filing portal will facilitate compliance under the old and Income Tax Acts, and all assessments,…
Corp tax kitty surpasses personal I-T as gross direct tax crosses Rs 20 lakh crore
Corporation tax collections have overtaken personal income tax receipts so far this fiscal, underlining stronger corporate earnings even as individual tax growth remains muted. Gross…
RBI doubles liquidity injection to Rs 1.5 lakh crore ahead of tax payments
Kolkata: The Reserve Bank of India has doubled its liquidity injection plan to Rs 1.5 lakh crore through variable repo rate auction, to ensure comfortable…
Net direct tax mop-up rises 9% to ₹10.82 lakh crore; govt officials confident of meeting FY26 target
New Delhi: India‘s net direct tax collections rose 9.18% year-on-year to ₹10.82 lakh crore as on September 17, despite muted second quarter advance tax payments,…