Tag: tax refunds
Direct tax collections rise 15% to ₹16.03 lakh crore up to October 14
The gross direct tax collections in 2026-27 up to October 14 jumped nearly 15% on an annualised basis to around ₹16.03 lakh crore, with net…
India’s net direct tax collections rise 13.21% to Rs 13.38 lakh crore till October 14 of FY27
India’s net direct tax collections rose 13.21% year-on-year to Rs 13.38 lakh crore as of October 14 of financial year 2026-27, according to data released…
GST overhaul: Export status for contract manufacturing to boost supply-chain shifts to India
The monthly refund of tax paid on plant and machinery for five years, the removal of structural and procedural inefficiencies, and the release of credit…
Net direct tax mopup rises 8.8% till January 11
New Delhi: India’s net direct tax collection increased 8.82% year-on-year to ₹18.38 lakh crore in this financial year till January 11, showed official data released…
Season’s Greeting? Taxman turns New Year party pooper
Mumbai: The unforeseen ‘do not reply’ emails hitting inboxes of taxpayers who may have been on a tiger safari in Pench, or sunbathing on a…
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…
India’s net direct tax collections rise 8% to Rs 17.05 lakh cr this FY till Dec 17
India’s net direct tax collections rose 8% to Rs 17.05 lakh crore so far in the current financial year, helped by steady growth in corporate…