India’s direct tax collection jumps 20% to ₹18.9 trillion
[ad_1] NEW DELHI : New Delhi: The Centre’s direct tax collection after adjusting for refunds has grown 19.88% annually to ₹18.9 trillion, the Central Board of Direct Taxes (CBDT) said…
Tax mop-up: the back story and the year ahead
[ad_1] Net direct tax collection has surged 20%, led by a sharp increase in personal income tax payments. This has helped the government reduce borrowings and speed up fiscal consolidation.…
Will exceed tax collection target this year, says CBDT chairman
[ad_1] New Delhi: The government will exceed its direct tax collection target of ₹18.23 trillion this fiscal, going by the healthy revenue growth so far, Central Board of Direct Taxes…