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Direct tax collections reach 11.07 lakh crore, up 18% YoY

Net direct tax collection stands at ₹9.57 lakh crore, up 21.82% YoY.

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Published on Oct 10, 2023 09:23 PM IST
ANI | | Posted by Singh Rahul Sunilkumar

I-T dept collects over 700 crore in TDS from online gaming, crypto trade

₹600cr collected in taxes from online gaming and ₹105cr from cryptocurrency trade.

 <span class='webrupee'>₹</span>600 crore collected in taxes under TDS for online gaming.(REUTERS)
Published on Oct 10, 2023 06:54 PM IST
PTI | | Posted by Singh Rahul Sunilkumar

CBDT Chairperson Nitin Gupta given nine-month extension

CBDT Chairperson Nitin Gupta given nine-month extension on contract basis, as he was scheduled to retire on September 30.

CBDT Chairperson Nitin Gupta
Published on Sep 30, 2023 05:04 PM IST
PTI | | Posted by Singh Rahul Sunilkumar

Gross direct tax collections grew 24% to 15.67 lakh crore this fiscal

Gross direct tax mop-up grew 24 per cent to ₹15.67 lakh crore, net collection touched 79 per cent of Revised Estimates (RE) of direct tax collection for current fiscal, the CBDT said.

The revised estimates for the current fiscal pegged direct tax revenues at <span class='webrupee'>₹</span>16.50 lakh crore.
Published on Feb 11, 2023 02:19 PM IST
PTI | | Posted by Singh Rahul Sunilkumar

Two-thirds taxpayers likely to shift to new regime in 2023-24 itself: CBDT chief

The income tax rebate limit available for salaried and individual taxpayers under the new income tax regime has been hiked to ₹7 lakh from the present ₹5 lakh.

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Published on Feb 03, 2023 06:37 PM IST
ANI |
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