close

News WrapGet Handpicked Stories from our editors directly to your mailbox

India direct tax

Direct tax mop-up may fall short of Rs 50,000 cr in FY'19, says official

The shortfall in direct tax mop-up coupled with lower GST realisation may have implications on fiscal deficit, which the government has pegged at 3.4 percent of the GDP.

Apr 09, 2019, 17:25 PM IST

Direct tax-GDP ratio of 5.98% during FY18 best in 10 years: FinMin

It was 5.57 percent in 2016-17 and 5.47 percent in 2015-16.

Jan 02, 2019, 15:45 PM IST

GST, demonetisation brought 1.8 mn more people into I-T net: India tells UN

Additional Secretary in the Ministry of External Affairs A Gitesh Sarma, addressing the ECOSOC Forum on Financing for Development Follow Up, said India is currently implementing a wave of reforms.

Apr 27, 2018, 13:09 PM IST

Direct tax collection up 14.54 % at Rs 3.97 lakh cr in Apr-Dec

Direct tax collections during April-December this fiscal were up by 14.54 percent at Rs 3,96,529 crore over the corresponding period last fiscal, mainly due to an increase in corporate tax mop-up.

Jan 04, 2012, 19:21 PM IST