Direct Tax Collection News - Latest Updates & Headlines
India's net direct tax collection surges 15 pc to cross Rs 17.78 lakh crore in 2024-25
New Delhi, Feb 11: India's net direct tax collection, comprising mainly corporate tax and personal income tax, jumped by 14.69 per cent to cross the Rs 17.78 lakh crore mark as of February 10 in the current financial year compared to 15.51 lakh crore in the same period of 2023-24, according to a data released by the Central Board of Direct Taxes (CBDT) on Tuesday.
Gross Direct Tax collection sees 19.94 per cent growth as of January 12
New Delhi, January 13: The gross direct tax collection in India has achieved an impressive year-on-year (YoY) growth of 19.94 per cent, amounting to Rs20.64 lakh crore as of January 12, 2025.