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tax collection
TAX COLLECTION NEWS
After rate cuts, GST collections up 4.6% YoY at Rs 1.96 lakh crore in October
November 02, 2025 4:19 am
While domestic refunds grew 26.5 per cent y-o-y to Rs 13,260 crore in October, refunds for imports were up 55.3 per cent to Rs 13,675 crore
Municipal Corporation of Delhi sees 20% surge in property tax collection this year
September 04, 2025 9:37 pm
The ‘SUNIYO’ scheme will remain operational till September 30. Under the scheme, property taxpayers who can pay the current year’s tax as well as the last five years’ tax dues will receive a full waiver on all applicable interest and penalties.
India’s gross GST collections rise by 7.5% YoY in July to Rs 1.96 lakh crore, refunds surge 66.8% to Rs 27,147 crore
August 02, 2025 12:44 am
Even though the pace of growth in gross GST collections picked up to 7.5 per cent in July from 6.2 per cent, this is the second consecutive month wherein the growth rate has been in single digits
Centre’s FY25 net tax collections miss revised estimate by over Rs 58,000 crore
May 31, 2025 12:22 am
Direct tax, excise collections post misses
The Third Edit | From ancient Rome to middle class today: There's no escaping the taxman
April 19, 2025 10:46 am
Recent research on a 1,900-year-old legal document shows that long before The Beatles sang about the ultimate bogeyman, the tax evader was in the crosshairs of the state
Securities Transaction Tax collection jumps 75% despite market volatility
January 20, 2025 9:14 am
The Budget 2024-25, presented by Union Finance Minister Nirmala Sitharaman on July 23, had proposed to double the STT on F&O of securities, effective October 1, 2024.
GST portal does not accept monthly returns until the entire tax is paid. This must change
May 18, 2024 12:02 pm
Till this is done, the time limit of November 30 prescribed for availing input tax credit should not be enforced
Direct tax-GDP ratio rose to 15-year high in FY23, tax buoyancy dipped
January 24, 2024 5:32 am
As per CBDT, a taxpayer is a person who either has filed a return of income for the relevant assessment year (AY) or in whose case tax has been deducted at source in the relevant financial year but the taxpayer has not filed the return of income.
Net direct tax mop-up grows 16% to Rs 4.75 lakh cr so far this fiscal
July 11, 2023 1:43 am
Refunds worth Rs 42,000 crore have been issued during April 1- July 9, 2023, which are 2.55 per cent higher than refunds issued during the same period in the preceding year.
AAP says Rs 400-cr hike in MCD tax collection in Q1, BJP hits out
July 04, 2023 2:27 am
At a press conference Monday, AAP leader and MLA Durgesh Pathak said, “Even during their best year, BJP managed to increase tax collections by merely Rs 100 crore,” he said.
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