Tag: personal income tax
India’s net direct tax collections rise 13% to Rs 12.1 lakh crore till September 17 of FY27
India’s net direct tax collections rose 12.96% year-on-year to Rs 12.12 lakh crore as of September 17 of financial year 2026-27, according to data released…
Direct tax mop-up misses FY26 target; Collections rise 5%
New Delhi: India’s net direct tax collections recorded a moderate uptick in FY26 though the mop-up fell short of the revised estimates by ₹81,000 crore,…
Net direct tax mop-up up 7.2% on corporate inflows
New Delhi: Net direct tax collections for this fiscal up to March 17 rose 7.2% year-on-year to ₹22.80 lakh crore, driven by stronger corporate tax…
High personal income tax collection does not mean middle class being suppressed: Sitharaman in Rajya Sabha
New Delhi, High personal income tax collection does not necessarily mean that the middle class is being suppressed or crushed in the country, Finance Minister…
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…