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. […]
Tax Collection News
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
Drop in tax collection not a worry, expect 5–6% rise in September, says govt source
The government expects net direct tax collections to grow by 5–6 percent after the second advance tax instalment due on
At Rs 1.5 lkh cr, advance tax mop-up grows just 4% amid global uncertainties
The Centre’s advance tax collections have grown at a tepid pace till June 15 this fiscal, suggesting muted income growth
To augment tax revenue, AP may permit lotteries, online gaming
State lotteries and online gaming are likely to be permitted by the Andhra Pradesh Government as part of its plans