India's Direct Tax Collection Grows 19.54% In FY 2024-25, Reaches Rs 5.74 Lakh Crore By July 11
In FY 2024-25, the corporate tax collection stood at Rs 2,65,336 crore, showing a growth rate of 20.44 per cent compared to the previous year's Rs 2,20,297 crore.
Jul 13, 2024, 10:56 AM IST
Direct tax mop-up may fall short of Rs 50,000 cr in FY'19, says official
The shortfall in direct tax mop-up coupled with lower GST realisation may have implications on fiscal deficit, which the government has pegged at 3.4 percent of the GDP.
Apr 09, 2019, 17:25 PM IST
Direct tax-GDP ratio of 5.98% during FY18 best in 10 years: FinMin
It was 5.57 percent in 2016-17 and 5.47 percent in 2015-16.
Jan 02, 2019, 15:45 PM IST
GST, demonetisation brought 1.8 mn more people into I-T net: India tells UN
Additional Secretary in the Ministry of External Affairs A Gitesh Sarma, addressing the ECOSOC Forum on Financing for Development Follow Up, said India is currently implementing a wave of reforms.
Apr 27, 2018, 13:09 PM IST
