Net direct tax kitty swells 16% to Rs 16.9 trillion so far in FY25

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

The story "Net direct tax kitty swells 16% to Rs 16.9 trillion so far in FY25" has 341 words across 17 sentences, which will take approximately 2 - 3 minutes for the average person to read.

Q: Which news outlet covered this story?

The story "Net direct tax kitty swells 16% to Rs 16.9 trillion so far in FY25" was covered 7 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 304 news stories per day. It's most recent story was published 3 hours ago.

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

The sentiment for this story is currently Negative, indicating that people regard this as "bad 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: #25106828</li><li>URL: https://beamstart.com/news/net-direct-tax-kitty-swells-17367774583261</li></ul>

Business Standard Logo Business Standard 7h ago

Net direct tax kitty swells 16% to Rs 16.9 trillion so far in FY25 - Business Standard

Quick Summary:

The net direct tax collection grew 15.88 per cent to about Rs 16.90 lakh crore so far this fiscal, according to government data released on Monday.

As per the data by the Central Board of Direct Taxes (CBDT), mop-up from net non-corporate taxes, which include mainly personal income tax, stood at over Rs 8.74 lakh crore.

Net collections from securities transaction tax (STT) stood at Rs 44,538 crore so far this fiscal.Refunds worth over Rs 3.74 lakh crore were issued during the period, a 42.49 per cent increase over the year-ago period.