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tax collections: Robust tax mopup gives 433% boost to capex, says FM

Robust tax collections have increased capital expenditure and investment in infrastructure projects. Gross direct tax collections rose 16.77%, with expectations of further increase. Refunds worth ₹2.48 lakh crore were issued, and 1.66 crore income tax returns were processed in a day. Time for assessment reduced, faceless assessment introduced for transparency, and technology used to boost collections.

Uttar pradeshViksit bharatNarendra modiFinance minister nirmala sitharaman thursdayIncome taxPrime minister narendra modiSaryu riverTax collectionsCapital expenditureInfrastructure projectsGross direct tax collectionsIncome tax office buildingFaceless assessment

CBDT Releases Key Direct Tax Statistics Through Time-Series Data

The availability of the Time-Series data in public domain will be useful for academicians, research scholars, economists and the public at large. - CBDT Releases Key Direct Tax Statistics Through Time-Series Data

Direct tax statisticsCentral boardDirect taxesDirect taxTax collectionsKey direct tax statisticsConsolidated time seriesDirect tax collectionsGross direct tax collectionsCentral board of direct taxes

CBDT releases key Direct Tax Statistics through Time-Series data

CBDT releases key Direct Tax Statistics through Time-Series data
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Central boardDirect taxesDirect taxConsolidated time seriesDirect tax collectionsGross direct tax collectionsWith inputs

Net direct tax collection rises 16% to Rs 4 75 lakh cr so far this fiscal

The government has projected a growth of 9.6% for direct taxes in FY24. The direct tax collection so far are in line with other data that point to sustained recovery despite global headwinds.

Sumit singhaniaCentral boardDirect taxesDirect tax mopup risesDeloitte indiaDirect tax collectionsNet direct tax collectionsTax reformsGross direct tax collections

Gross Direct Tax Collection Grows 30% In 2022-23 To Rs 8 36 Lakh Crore

Gross direct tax collections grew 30 per cent to Rs 8.36 lakh crore till September 17 of current fiscal year on increased advance tax mop-up, the finance ministry said on Sunday.

Gross direct tax collection growsCorporate income taxPersonal income taxSecurities transaction taxGross direct tax collectionsFinance ministry