Net direct tax kitty rises 13% to Rs 21.26 trillion so far in FY25

Q: How long will it take to read this news story?

The story "Net direct tax kitty rises 13% to Rs 21.26 trillion so far in FY25" has 565 words across 26 sentences, which will take approximately 3 - 5 minutes for the average person to read.

Q: Which news outlet covered this story?

The story "Net direct tax kitty rises 13% to Rs 21.26 trillion so far in FY25" was covered 18 hours ago by Business Standard, a news publisher based in India.

Q: How trustworthy is 'Business Standard' news outlet?

Business Standard is a fully independent (privately-owned) news outlet established in 1975 that covers mostly business and finance news. The outlet is headquartered in India and publishes an average of 245 news stories per day. It's most recent story was published 2 hours ago.

Q: What do people currently think of this news story?

The sentiment for this story is currently Neutral, indicating that people are not responding positively or negatively to this news.

Q: How do I report this news for inaccuracy?

You can report an inaccurate news publication to us via our contact page. Please also include the news #ID number and the URL to this story.<ul><li>News ID: #27082516</li><li>URL: https://beamstart.com/news/net-direct-tax-kitty-rises-17422145824896</li></ul>

Business Standard Logo Business Standard 18h ago

Net direct tax kitty rises 13% to Rs 21.26 trillion so far in FY25 - Business Standard

Quick Summary:

During the year, the government collected Rs 10.44 lakh crore from four instalments of advance tax as against Rs 9.11 lakh crore in the previous fiscal, registering a growth of 14.62 per cent.

Advance tax collection under the corporate tax category rose by 12.54 per cent to Rs 7.57 lakh crore while non-corporates witnessed a growth rate of 20.47 per cent to Rs 2.87 lakh crore during the financial year.

Net direct tax collection grew 13.13 per cent to over Rs 21.26 lakh crore so far this fiscal aided by by higher advance tax mop up, government data showed on Monday.