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Sunday, September 21, 2025
TopicCorporate tax

Topic: corporate tax

Direct tax collections rise 3.2% to Rs 6.64 lakh crore in FY 2025-26: Govt

According to Central Board of Direct Taxes, collections stood at Rs 6.44 lakh crore during same period last year, with increase driven by higher corporate and non-corporate revenues.

India’s 4.4% fiscal deficit target hinges on solid revenue. Global conditions pose a challenge

In the current fiscal year, tax and non-tax revenue collections could take a hit. The projections will need to be recalibrated in light of the uncertain environment.

Tax collections slow sharply in Q2, but govt finances to benefit from budget tricks & an unlikely ally

Slump in corporate sector, overall slowdown in economy are key reasons, but analysts assure the slowdown is not likely to impact govt's fiscal projection for the year.

Personal income tax now over 30% of govt’s tax revenue, significantly higher than corporate tax

The I-T dept Thursday released time-series data on direct tax collections between 2000-01 & 2023-24, showing an increasing reliance on direct taxes versus indirect taxes.

‘Opaque’ corporate tax practices still impede American investments in India, says Garcetti

Speaking at an event in Delhi, US Ambassador to India Eric Garcetti adds 'FDI isn't flowing into India at pace it should' & New Delhi must not view its self-reliance as 'fortress'.

SubscriberWrites: Ease of doing business, a major hurdle in GST procedure

The GST council must incorporate suitable provisions under the GST law to empower taxpayers to immediately remove disruptions in smooth flow of goods due to discretionary powers of authorities.

Tax India’s corporates and super-rich more. They can and will take it

India's attractiveness as an investment destination is not based on its low tax rates. Give the super-rich basic amenities in return for the higher tax and they'll stay and pay.

Covid, lower rates push corporate tax collections below personal tax for first time in years

Corporate tax collections levied on profits of firms contracted 18% in 2020-21 to a 5-year low. There has been a sharp fall in firms filing tax returns for income ranges of above Rs 5 lakh.

Why tax and spend could be the new mantra for Modi government

Like all fashion, intellectual fashion too moves in circles. With economic disruption, growing inequality, & lack of government resources, economic practice is coming full circle.

Tax revenues decline 22% in April-September, at one-fourth of full year target

Tax revenues declined 22 per cent from the year-ago period to Rs 4.58 lakh crore and were at 28 per cent of the full year target of Rs 16.36 lakh crore in the April-September period.

On Camera

Skin cancer is no more an ‘old person’s disease’

The sun isn’t acting alone—it has an accomplice in pollution. Environmental toxins weaken our skin’s natural barrier.

Market regulator SEBI clears Adani Group of impropriety alleged by Hindenburg Research

SEBI probe concluded that purported loans and fund transfers were paid back in full and did not amount to deceptive market practices or unreported related party transactions.

60 yrs on, veterans recall lessons from 1965 India-Pakistan war. ‘Equipment alone doesn’t win battles’

A common thread runs through the memories of soldiers of the 1965 war—ingenuity, courage and camaraderie that withstood an apparently technologically superior foe.

India doesn’t give walkovers to Pakistan in war. Here’s why it shouldn’t do it in cricket either

Many really smart people now share the position that playing cricket with Pakistan is politically, strategically and morally wrong. It is just a poor appreciation of competitive sport.