Corporate Profits Surge Nearly 3-Fold, Tax Collections Double: Economic Survey 2025-26
India’s listed corporate sector has witnessed a remarkable financial recovery in the post-pandemic period, with aggregate profits nearly tripling over […]
Tax Collection News
Direct tax refunds fall 17%, as tax revenues falter
Amid a dip in tax collections relative to the Budget Estimates, refunds of direct taxes have slowed. According to the
Union Budget 2026-27 likely to peg India’s fiscal deficit target at 4.3%, ICRA says
The government is likely to peg India’s fiscal deficit target at 4.3% of the GDP for 2026-27 amid a double-digit
Govt likely to miss income tax collection by a big margin
The government is likely to miss its ambitious income tax collection target of 15% for FY26 by a big margin.
Advance tax growth slows to 4.3% after 3rd instalment
Advance tax collection at the end of the third instalment during the current fiscal recorded a muted growth of little
Tax collection should be smooth process with minimum discomfort to taxpayer: President Murmu
President Droupadi Murmu on Tuesday said that the tax collection should be a smooth process with minimum discomfort to the
Tax collection may fail to meet target for this fiscal
The Centre is bracing for a marginal shortfall in tax collection from the budgeted level in this financial year in
Himachal tax dept collects over ₹26,000 crore in three years
The state taxes and excise department has collected over ₹26,000 crore in three years, an official spokespersons said on Thursday.
Centre on path to meet fiscal deficit target for FY26, but slower tax revenue growth a concern
The Centre is expected to meet its fiscal deficit target of 4.4% of the GDP in FY26, but analysts have
First quarter direct tax collection: What do the numbers indicate
Direct Tax collection numbers at the first quarter stage (June Quarter) or at the end of any other quarter do
