Net direct tax kitty grows 16% on corporate refunds
Hindustan Times Mumbai|December 19, 2024
Gross direct tax collection in 2024-25 (as on December 17) saw 20.32% year-on-year (y-o-y) jump to ₹19.21 lakh crore, but net collection in the period saw 16.45% increase at ₹15.82 lakh crore on higher refunds of ₹3.39 lakh crore, particularly on account of corporates, government data said.
Rajeev Jayaswal

NEW DELHI:

Gross corporate tax (CT) collection in the current financial year (as on December 17, 2024) posted 16.92% annualised growth to ₹9,24,693 crore, but net saw only 8.57% y-o-y increase because of higher refunds. Refunds to corporates jumped 70.32% to ₹1,82,086 crore as compared to ₹1,06,904 crore in FY24 (as on December 17, 2023), according to data released on Wednesday.

هذه القصة مأخوذة من طبعة December 19, 2024 من Hindustan Times Mumbai.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

هذه القصة مأخوذة من طبعة December 19, 2024 من Hindustan Times Mumbai.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

المزيد من القصص من HINDUSTAN TIMES MUMBAI مشاهدة الكل
Hindustan Times Mumbai

Marriage is the most beautiful duet life can offer: Sufi singer Bismil

As a Sufi singer, his songs have mostly been about divine love, but Bismil says he is finally ready to sing a 'duet' of a different kind—he is all set to tie the knot on January 5 in Jaipur.

time-read
1 min  |
January 02, 2025
Hindustan Times Mumbai

Slowly seeing a hierarchy on OTT as well: Kritika Kamra

Actor Kritika Kamra has had a busy 2024 with the second season of Gyaarah Gyaarah and shooting for the web series Matka King opposite actor Vijay Varma.

time-read
1 min  |
January 02, 2025
Hindustan Times Mumbai

Keerthy Suresh Addresses Her Team's Tussle With Paps

Keerthy Suresh recently found herself in an unexpected situation while attending a film premiere in Mumbai.

time-read
1 min  |
January 02, 2025
Hindustan Times Mumbai

Seniors, head coach under BCCI scanner after debacle at MCG

IF ROHIT SHARMA DOES INDEED MOVE ON FROM TEST CRICKET, VICE-CAPTAIN JASPRIT BUMRAH APPEARS SET TO BE APPOINTED NEXT INDIA CAPTAIN

time-read
2 mins  |
January 02, 2025
Hindustan Times Mumbai

Sports Ministry, IOA Back Different Set of IGU Officials

The sports ministry has given its stamp of approval for the Indian Golf Union (IGU) election with Brijender Singh as president and Satish Kumar Sharma as secretary.

time-read
1 min  |
January 02, 2025
Hindustan Times Mumbai

In EPL, Santo Gets Forest Out of the Woods

Nottingham Forest have begun 2025 in contention for a Champions League spot.

time-read
3 mins  |
January 02, 2025
Hindustan Times Mumbai

Without Bumrah, series would've been one-sided

Aussie pace great McGrath lauds India spearhead who has been a one-man force with 30 wickets in the four Test matches yet

time-read
3 mins  |
January 02, 2025
Hindustan Times Mumbai

Carlsen shares World Blitz title with Nepomniachtchi

World No. 1 sealed pact with Russian after 7 games in the final to share a global title for the first time

time-read
3 mins  |
January 02, 2025
Hindustan Times Mumbai

Teen golfer Avani set for LET with a new mindset

Avani Prashanth, among India's most promising young golfers, sat down with her coach after the LPGA qualifying series in the USA, where things slid drastically despite her coming in feeling upbeat about her game.

time-read
1 min  |
January 02, 2025
Hindustan Times Mumbai

Carmakers Ride to Record Domestic Sales in 2024

Indian passenger vehicles market registered record wholesales of 4.3 million units in 2024, with companies such as market leader Maruti Suzuki, Hyundai, Tata Motors, Toyota Kirloskar Motor, and Kia posting their best-ever annual domestic sales.

time-read
1 min  |
January 02, 2025