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.
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.
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.
India’s industrial output growth saw a 10-month low in June, with Index of Industrial Production (IIP) growing by mere 1.5% as against 1.9% in May 2025.
Standing up to America is usually not a personal risk for a leader in India. Any suggestions of foreign pressure unites India behind who they see as leading them in that fight.
COMMENTS