Final Up to date:
On a gross foundation, India’s direct tax collections within the present monetary 12 months until December 17, 2024, stood at Rs 19,21,508 crore, a 20.32 per cent bounce as in comparison with the corresponding interval final 12 months.
The taxes embody company tax, non-corporate tax, securities transaction tax, and different taxes.
India’s web direct tax assortment grew 16.45 per cent year-on-year to Rs 15,82,584 crore to this point within the present monetary 12 months 2024-25, in line with the newest knowledge from the earnings tax division launched on Wednesday. Advance tax assortment throughout the interval rose 21 per cent to Rs 7.56 lakh crore.
On a gross foundation, India’s direct tax collections within the present monetary 12 months until December 17, 2024, stood at Rs 19,21,508 crore, a 20.32 per cent bounce as in comparison with the corresponding interval final 12 months.
These embody company tax, non-corporate tax, securities transaction tax, and different taxes like fringe profit tax, wealth tax, banking money transaction tax, lodge receipt tax, curiosity tax, expenditure tax, property obligation and present tax.
The gathering contains company tax of over Rs 7.42 lakh crore and non-corporate tax mop-up of Rs 7.97 lakh crore. Securities Transaction Tax (STT) of Rs 40,114 crore was collected between April 1-December 17 of present fiscal 12 months.
Refunds value Rs 3.39 lakh crore have been issued throughout the interval, registering a progress of 42.49 per cent year-on-year.
