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I-T, corporate tax mop up exceeds revised estimates at Rs 9.45 lakh crore in FY21 Top Searches I-T, corporate tax mop up exceeds revised estimates at Rs 9.45 lakh crore in FY21 PTI / Apr 9, 2021, 19:54 IST FacebookTwitterLinkedinEMail NEW DELHI: Income tax and corporate tax collections at Rs 9.45 lakh crore in the fiscal year ended March 31 exceeded the revised target by 5 per cent but were 10 per cent lower than the direct tax collections in the previous year, tax department head said on Frid...

The provisional figures of Direct Tax collections for the Financial Year 2020-21 show that net collections are at Rs. 9.45 lakh crore. The net Direct Tax collections include Corporation Tax (CIT) at Rs. 4.57 lakh crore and Personal Income Tax(PIT) including Security Transaction Tax(STT) at Rs. 4.88 lakh crore. The net Direct Tax collections represent 104.46% of the Revised Estimates of Rs. 9.05 lakh crore of Direct Taxes for the F.Y. 2020-21. The Gross collection of Direct Taxes(before adjustin...

Direct tax collection up 5% at Rs 9.45 lakh cr in FY21: CBDT Total direct tax collection before adjusting for refunds for FY21 stands at Rs 12.06 lakh crore, including corporation tax at Rs 6.31 lakh crore and personal income tax, including security transaction tax at Rs 5.75 lakh crore BusinessToday.In | April 9, 2021 | Updated 13:36 IST Despite an extremely challenging year amid Covid-19, the advance tax collections for FY21 grew 6.7% to Rs 4.95 lakh crore, says FinMin Direct tax collections...

FY21 net tax collection at Rs 9.45L cr, exceeds revised estimates ​ By IANS | ​ 5 Views Ministry of Finance. (File Photo: IANS). Image Source: IANS News New Delhi, April 9 : The provisional figures of direct tax collections for the financial year 2020-21 showed that net collections are at Rs 9.45 lakh crore. The net collection is around 5 per cent higher than the revised estimates for the 2020-21. The net direct tax collections include corporation tax (CIT) at Rs 4.57 lakh crore and perso...

Highlights Growth of approximately 6.7%. Refunds amounting to Rs 2.61 lakh crore issued. New Delhi: The provisional figures of Direct Tax collections for the Financial Year 2020-21 show that net collections are at Rs. 9.45 lakh crore. The net Direct Tax collections include Corporation Tax (CIT) at Rs. 4.57 lakh crore and Personal Income Tax(PIT) including Security Transaction Tax(STT) at Rs. 4.88 lakh crore. The net Direct Tax collections represent 104.46% of the Revised Estimates of Rs. 9.05 l...

Direct tax collection exceeds revised estimate by 5% in FY21 April 09, 2021 The provisional figures show collection at ₹9.45 lakh crore. Direct tax collection during FY 2020-21 has registered nearly 5 per cent growth over the revised estimate, Finance Ministry said on Friday. Experts are optimistic about a lower fiscal deficit with improvement in indirect tax collection than the revised estimate. Provisional figures show collection at ₹9.45 lakh crore. “The net Direct Tax collections re...

Direct Tax Collections For FY21 At Rs 9.45 Lakh Crore, Exceed Revised Estimates By Around 5 Per Cent by IANS - Apr 9, 2021 08:44 AM Central Board of Direct Taxes headquarters (Representative image) The provisional figures of direct tax collections for the financial year 2020-21 showed that net collections are at Rs 9.45 lakh crore. The net collection is around 5 per cent higher than the revised estimates for the 2020-21. The net direct tax collections include corporation tax (CIT) at Rs 4.57 la...

Expert panel defers decision on Sputnik V Covid-19 vaccine, wants more data The wait for Sputnik V in India got a little longer as the expert panel reviewing the application has sought more data on safety, efficacy, and logistics. A source close to the development said, “No approval was given to Sputnik V on Thursday. Some queries have been asked on safety, efficacy, and logistics, which the firm will have answers to at the next meeting.” Footfall increases as 45-plus Covid-19 vaccinatio...

Updated: Share Article AAA The Finance Ministry has devolved an amount of ₹5,94,996 crore, based on the initial estimates of the shareable pool that would be collected in 2020-2.   | Photo Credit: SHIV KUMAR PUSHPAKAR The Finance Ministry on Thursday said it has released ₹45,000 crore to the States as additional devolution in the 2020-21 fiscal following revenue buoyancy in the March quarter. As per the Revised Estimates for 2020-21, ₹5,49,959 crore, being 41 per cent of the shareable p...