DNA: What facilities government has provided in lieu of taxes?
In the financial year 2021-22, the Government of India had received Rs 27 lakh crore as tax. Of these, Rs 14 lakh crore was received by the government in the form of direct tax and Rs 13 lakh crore in the form of indirect tax. But what facilities government has provided in return?
Jul 07, 2022, 01:42 AM ISTDirect tax collections surge 15.7% to Rs 6.75 lakh cr in April-November
Refunds worth Rs 1.23 lakh crore have been issued in the eight months of the current fiscal, which is 20.8 percent higher than refunds issued in the same period last year.
Dec 10, 2018, 12:52 PM ISTDirect tax collections to exceed target this fiscal: CBDT chief
This year so far 6.02 crore ITRs have been filed with the Income Tax Department.
Nov 15, 2018, 13:57 PM ISTDirect tax collections till September at Rs 5.47 lakh crore
The net Direct Tax collections represent 38.6 percent of the total Budget Estimates of Direct Taxes for FY 2018-19.
Oct 04, 2018, 12:52 PM ISTDirect Tax collections for FY 2017-18 show growth of 19.5 percent up to February 2018
High growth was recorded in corporate and personal income taxes.
Mar 08, 2018, 22:47 PM ISTDirect tax collections grow 18.2% to Rs 6.56 lakh crore in April-December
The government estimates to collect Rs 9.80 lakh crore from direct taxes in the current fiscal.
Jan 09, 2018, 11:27 AM ISTDirect tax collections grow 14.4% to Rs 4.8 lakh crore in April-November
The government estimates to collect Rs 9.80 lakh crore from direct taxes in the current fiscal.
Dec 09, 2017, 16:18 PM ISTDirect tax collections jump 16% to Rs 3.86 lakh crore till September
A Central Board of Direct Taxes (CBDT) statement here said the collections for the period April-September amount to 39.4 per cent of the total budget estimates of direct taxes for the current financial year.
Oct 11, 2017, 18:03 PM ISTDirect tax collection up 19% in April-July at Rs 1.90 lakh crore
Collections of direct taxes, which are made up of personal and corporate taxes, soared to Rs 1.90 lakh crore in April-July, an official statement said here.
Aug 09, 2017, 19:21 PM ISTIncome tax mop-up begins on strong footing, up 26.2% till date
Net income tax collection till June 15 grew at a healthy 26.2 percent to Rs 1,01,024 crore from across the country as of June 15 from Rs 80,075 crore in the year ago period.
Jun 17, 2017, 10:56 AM ISTBudget: FM may cut taxes, lack of indirect-tax data may make it tough
Finance Ministers usually weave around their welfare spending proposals based on projections of direct and indirect tax collections in the fiscal.
Jan 26, 2017, 15:37 PM ISTDirect tax collections till September grow 9% to Rs 3.27 lakh crore
Direct tax collections during the six months ended September grew about 9 percent to Rs 3.27 lakh crore, buoyed mainly by personal income tax mop-up.
Oct 10, 2016, 21:34 PM ISTDirect tax mop-up jumps 24% to Rs 1.59 lakh crore in Apr-Jul
Direct tax collection registered a growth of 24.01 per cent to Rs 1.59 lakh crore during the April-July period of the current financial year.
Aug 09, 2016, 20:56 PM ISTSqueeze parallel economy in a fair manner: FM to taxmen
Jaitley further said that improvement in tax collection will increase the ability of the government to step up spending on social and infrastructure projects.
May 25, 2015, 13:00 PM ISTWe expect a growth of 14-15% in direct tax collections: FM Jaitley
While addressing the conference he said that we have to bring tax rate at global level while t the same time removing the exemptions.
May 25, 2015, 11:23 AM ISTDirect Tax collections marginally short of target in 2014-15
Direct tax collections touched Rs 6,96,200 crore during 2014-15 despite difficulties on the economic front, marginally falling short of the target.
May 05, 2015, 16:26 PM ISTDirect tax collections rise 5.67% during Apr-Nov
The government's direct tax collections during April-November of this fiscal rose 5.67 percent to Rs 3.29 lakh crore over the same period a year ago.
Dec 23, 2014, 19:01 PM IST