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Direct Tax News
Net Direct Tax Collections up by more than 160% in last 10 years: Govt data
Thu, Apr 13, 2023
Gross Direct Tax Collections have increased by over 172.83 per cent in F.Y. 2022-23, reaching a figure of Rs 19,68,780 crore (provisional) from Gross Direct Tax Collections of Rs 7,21,604 crore in F.Y. 2013-14.
India's direct tax collection exceeds Budget Estimates, grows over 17% to Rs 16.61 lakh crore
Mon, Apr 03, 2023
The provisional figures of Direct Tax collections for the financial year in the previous financial year stood Rs. 14.12 lakh crore.
India's direct tax collection grows 16% to record Rs 16.2 lakh crore in 2022-23: Sources
Mon, Apr 03, 2023
“The provisional figures of Direct Tax collections up to 10th March 2023 continue to register steady growth,” CBDT mentioned in one of their recent releases.
Union Budget 2023: CBDT and CBIC chairman on Income Tax Slabs and GST collection
Thu, Feb 02, 2023
Nitin Gupta, Chairperson, CBDT and Vivek Johri Chairman, CBIC talks about the changes in the tax slabs, how the restructuring of tax regimes can benefit the masses, and the impact of inflation on GST collection.
Budget 2023: What is Direct Tax and Indirect Tax? Explained
Thu, Jan 19, 2023
Budget 2023: There are multiple terminologies that are used in the Budget. But commoners are unable to relate to those words. Tax is the most talked about the topic ahead of the budget as people expect some announcements.
Direct Tax collection jumps 24% to Rs 8.98 lakh crore in first half of FY23
Sun, Oct 09, 2022
After adjusting refunds, direct tax collection stood at Rs 7.45 lakh crore, 16.3 per cent higher than the net collection for the corresponding period a year ago, the statement said.
Net direct tax mop up rises 23% to Rs 7.04 lakh crore so far this fiscal
Tue, Sep 27, 2022
The net direct tax collection has increased 23 per cent to Rs 7.04 lakh crore so far this fiscal, the income tax department said on Tuesday.
Zee Business Top Picks 18th Sep'22: Top Stories This Evening - All you need to know
Sun, Sep 18, 2022
Top stories featured on zeebiz.com - from market outlook to FPI flows data in September so far to direct tax collection in August, find top picks this evening.
Direct tax collection soars 48% in FY22, advance tax payment up 41%
Thu, Mar 17, 2022
India's collection from tax on personal and corporate income jumped over 48 percent in the current fiscal after a 41 percent surge in advance tax payments, mirroring sustained economic recovery in a year that witnessed two waves of coronavirus infections.
Market Experts Top Picks Before Budget 2022
Tue, Jan 25, 2022
Stock market experts and Zee Business research team have come up with 5 stocks that you can buy before Union Budget 2022. In this video, we talk about why market experts are bullish on these picks and more.
Why Market Experts Are Bullish On These Stocks
Mon, Jan 17, 2022
Share market experts and Zee Business research team together bring you these stocks to buy before Union Budget 2022. Market experts have recommended these stocks with targets and stop loss. Here's why experts are bullish on these stocks.
Net direct tax mop-up grows 74% at Rs 5.70 lakh cr so far this fiscal
Fri, Sep 24, 2021
The net collection (April 1 to September 22) in FY 2021-22 has registered a growth of 27 per cent over 2019-20 fiscal when the net collection was over Rs 4.48 lakh crore.
Net direct tax collections grow 5% to 9 lakh crores in FY21, says Finance Ministry
Fri, Apr 09, 2021
The net direct tax collections for the financial year 2020-21 grew by around five percent , which represent over 104 per cent of the revised estimates of Rs. 9.05 lakh crore as compared to previous year, a Ministry of Finance said in a statement on Friday.
Achche Din for salaried class? Income Tax slabs to change? Check what Modi govt may offer
Wed, Sep 25, 2019
The Committee on Direct Tax Code has suggested a new income tax slab, which should start from Rs 5 lakh, asking the government not to levy any income tax on annual earnings up to 5 lakh.
ITR filing: Direct Tax task force recommends new personal income tax slabs
Wed, Aug 28, 2019
ITR filing: Personal income is currently taxed at 5 per cent for income between Rs 2.5 and Rs 5 lakh, at 20 per cent for income between Rs 5 lakh and Rs 10 lakh, and 30 per cent for an income of over Rs 10 lakh.
Budget 2019: Five Income tax benefits that Modi 2.0 Government may announce on July 5
Mon, Jul 01, 2019
FM Nirmala Sitharaman may announce some tax benefits in Income Tax limit, standard deduction under section 80(C), an exemption in housing loan interest rate etc.
Five direct tax benefits that Modi 2.0 Government may announce in Budget 2019
Wed, Jun 26, 2019
Modi 2.0 Government may take some bold steps in regard to the Income Tax limit, standard deduction under section 80(C), an exemption in housing loan interest rate etc.
Income Tax Return (ITR) filing: Benefit from these 10 allowances - From uniforms, children's education to conveyance, check them all
Tue, Jun 11, 2019
Income Tax Return (ITR) filing: Under Section 10, you can claim refunds on tax payment via tax filing.
Direct taxes heading for at least Rs 70,000 crore shortfall; Centre mulls measure to match up to target
Thu, Mar 28, 2019
The direct tax target was revised to Rs 12 lakh crore from Rs 11.5 lakh crore earlier, buoyed by last year`s direct tax success which had surpassed the target.
Net direct tax collection figure crosses Rs 10 lakh cr mark; entire advance tax data yet to come
Tue, Mar 19, 2019
The net direct tax collection figure has crossed the Rs 10 lakh crore mark as on March 16, helped by the fourth and final installment of tax payment, sources said.