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Tax Refunds Fall, Net Direct Tax Collections Rise 8.8% in FY26 - taxscan

Tax Refunds Fall, Net Direct Tax Collections Rise 8.8% in FY26, Boosting Centre’s Revenue Base

India’s net direct tax collections have shown steady growth in FY26, reaching ₹18.37 lakh crore by January 11, 2026, according to official data....

Historic Drop in Inflation: India’s Prices Fall to 77-Month Low as Jobs and Exports Surge

RBI - RBI directive - RBI directive March 2024 - Central Government - CBDT - taxscan

RBI issues Directive for reporting Central Government Transactions including CBDT and CBIC for March...

PM Commends Record Collections, Cites GST and Simplified Income Tax as Key Reforms

80% growth in Tax Base: Number of Returns Filed increased from 3.79 crore to 6.85 Crore

Growth of More Than 80% in the number of Returns Filed in the Last Four Financial Years: CBDT releases Direct Tax Statistics

Continuing the practice of placing key statistics relating to direct tax collections and administration in public domain, the Central Board of Direct Taxes (CBDT) has further released time-series data...

Direct Tax Collections for F.Y. 2017-2018 show Growth of 19.3% up to Jan, 2018

The provisional figures of Direct Tax collections up to January, 2018 show that net collections are at Rs.6.95 lakh crore which is 19.3% higher than the net collections for the corresponding period of...

Direct Tax Collections for F.Y. 2017-18 show Growth of 18.7% up to 15th Jan, 2018

Provisional figures of Direct Tax collections up to 15th January, 2018 show that net collections are at Rs. 6.89 lakh crore which is 18.7% higher than the net collections for the corresponding period...

Direct Tax Collections grows 17.5% in April-August, says Finance Ministry

The Direct Tax collections up to August, 2017 in the current Financial Year 2017-18 continue to register a steady growth. Direct Tax collections, net of refunds, stands at Rs. 2.24 lakh crore which...

Centre exceeds Revised Tax Collections target for FY 2016-17: Tax Collections up 18% at Rs 17.1 lakh crore

Provisional figure of Total Tax Collections in 2016-17 is Rs. 17.10 Lakh Crore as against the Revised Target of Rs. 16.97 Lakh Crore.; Direct Tax collections up to March, 2017 stood at Rs. 8.47...

Indirect Tax and Direct Tax Collections up 22.2% and 10.7% respectively more than the corresponding period last year

Indirect Taxes The figures for indirect tax collections (Central Excise, Service Tax and Customs) up to February 2017 show that net revenue collections are at Rs 7.72 lakh crore, which is 22.2% more...

Indirect Tax Collections grows 16.9%, Direct Tax Collections grows 10.79% up to Jan 2017

During January 2017, the Net Indirect Tax grew at the rate of 16.9% compared to corresponding month last year with growth rate in net collections for Customs, Central Excise and Service Tax at the...