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Friday, October 10, 2025
TopicDirect tax

Topic: direct 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.

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.

Net direct tax collection rises 18% year-over-year in FY23, announces government

In FY22, the government had collected Rs 14.12 trillion as net direct tax. Personal income and corporate tax make up most of the country's direct tax mop up.

On Camera

In Great Game for Kabul, India plays a patient hand. Multi-alignment to compartmentalisation

Pakistan’s reported air strikes on Kabul last night, coinciding with Acting Afghan Foreign Minister Amir Khan Muttaqi’s visit to India, seem intended to send...

Niti Aayog recommends fully decriminalising 12 offences under new I-T Act to ‘foster more trust’

Recommendations appear in Niti Aayog’s Tax Policy Working Paper Series–II. It says there is a need to shift away from fear-based enforcement to trust-based governance.

India, UK sign £350 mn deal for Martlet. What are these Lightweight Multirole Missiles

In service with the British military since 2019, it is also known as the Martlet missile. Ukrainians have also deployed these missiles against Russian troops.

How Pakistan thinks: Army for hire, ideology of convenience

Pakistan’s army has been a rentier force available to a reasonable bidder. It has never come to the aid of any Muslims including Palestinians or the Gazans, except making noises here and there.