The Centre's direct tax collection from corporations and individuals after adjusting for tax refunds has reached ₹15.8 trillion so far this year, jumping 16.45% over the previous year and outpacing the budget estimate.
While non-corporate tax collection from individuals and other entities like partnerships and local authorities, adjusting for refunds, recorded a 22% jump so far in FY25 to ₹7.97 trillion, the same from corporations improved 8.6% to ₹7.42 trillion, the income tax department said on Wednesday citing revenue figures up to 17 December.
Before adjusting for refunds, corporate tax collections rose 17% annually.
هذه القصة مأخوذة من طبعة December 19, 2024 من Mint Ahmedabad.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك ? تسجيل الدخول
هذه القصة مأخوذة من طبعة December 19, 2024 من Mint Ahmedabad.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك? تسجيل الدخول
Cricket stories that read like tales told in a pub
Glenn Maxwell's book, 'The Showman', with Adam Collins, is chaotic, flashy and straightforward but not necessarily engaging
Include pantos on your holiday to-do list
If holiday travels take you to Britain, indulge in vibrance of the pantomime
A new play weaves a story of love, longing and deceit
A new play by Amitesh Grover speaks of grief through the story of a woman who can make clay figurines come alive
Can the Xi-Trump 'bromance' be revived? Else, ties may fray
Cordiality between the two leaders would favour both countries
An image makeover for palm oil would be good for us
The ecological impact of this affordable oil is lower and health benefits greater than often portrayed
Refrain from judicial overreach: It'll strengthen India's judiciary
The suo motu powers of courts are essential to secure justice and the public interest but their overuse can have adverse results
Services led exports are a mixed blessing for us
Even as we celebrate India's emergence as a services-led economy, with our service exports strong and their prospects bright amid rising trade flux, we must look beyond the numbers
South Korea's political drama was worthy of applause
Its lawmakers were bravely joined by others to reject martial law and uphold democratic institutions
Market losses and mistakes are two completely different things
A loss needn't be a mistake. What matters is whether the process of taking the decision was right
THE ROAD TO BETTER WEALTH MANAGEMENT STARTS WITH A CONSOLIDATED VIEW
Today's speed of digital spending and investing could lead to unthoughtful, costly mistakes
