India’s net direct tax collections have surged by 13.13% to over Rs 21.26 lakh crore for the fiscal year, fueled by a significant boost in advance tax collections. Corporate tax collections experienced a robust growth of 12.54%, whereas non-corporate tax collections, which encompass personal income tax, witnessed a remarkable spike of 20.47%. Additionally, the Securities Transaction Tax (STT) recorded a substantial uptick of nearly 56%. This growth in direct tax collections signifies a positive trend in revenue generation for the Indian government, reflecting a buoyant economy and improved compliance. The increase in tax collections is indicative of a healthier financial landscape and bodes well for the country’s fiscal health.<\/p>\n","protected":false},"excerpt":{"rendered":"
India’s net direct tax collections have surged by 13.13% to over Rs 21.26 lakh crore for the fiscal year, fueled by a significant boost in advance tax collections. Corporate tax collections experienced a robust growth of 12.54%, whereas non-corporate tax collections, which encompass personal income tax, witnessed a remarkable spike of 20.47%. Additionally, the Securities […]<\/p>\n","protected":false},"author":0,"featured_media":66861,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"footnotes":""},"categories":[25],"tags":[],"aioseo_notices":[],"featured_image_urls":{"full":["https:\/\/vanillanews.com\/wp-content\/uploads\/2025\/03\/msid-119126754imgsize-648623-1.jpg",1280,720,false],"thumbnail":["https:\/\/vanillanews.com\/wp-content\/uploads\/2025\/03\/msid-119126754imgsize-648623-1-150x150.jpg",150,150,true],"medium":["https:\/\/vanillanews.com\/wp-content\/uploads\/2025\/03\/msid-119126754imgsize-648623-1-300x169.jpg",300,169,true],"medium_large":["https:\/\/vanillanews.com\/wp-content\/uploads\/2025\/03\/msid-119126754imgsize-648623-1-768x432.jpg",640,360,true],"large":["https:\/\/vanillanews.com\/wp-content\/uploads\/2025\/03\/msid-119126754imgsize-648623-1-1024x576.jpg",640,360,true],"1536x1536":["https:\/\/vanillanews.com\/wp-content\/uploads\/2025\/03\/msid-119126754imgsize-648623-1.jpg",1280,720,false],"2048x2048":["https:\/\/vanillanews.com\/wp-content\/uploads\/2025\/03\/msid-119126754imgsize-648623-1.jpg",1280,720,false]},"author_info":{"display_name":"","author_link":"https:\/\/vanillanews.com\/index.php\/author\/"},"category_info":"JUST IN<\/a>","tag_info":"JUST IN","comment_count":"0","_links":{"self":[{"href":"https:\/\/vanillanews.com\/index.php\/wp-json\/wp\/v2\/posts\/66860"}],"collection":[{"href":"https:\/\/vanillanews.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/vanillanews.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/vanillanews.com\/index.php\/wp-json\/wp\/v2\/comments?post=66860"}],"version-history":[{"count":0,"href":"https:\/\/vanillanews.com\/index.php\/wp-json\/wp\/v2\/posts\/66860\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/vanillanews.com\/index.php\/wp-json\/wp\/v2\/media\/66861"}],"wp:attachment":[{"href":"https:\/\/vanillanews.com\/index.php\/wp-json\/wp\/v2\/media?parent=66860"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/vanillanews.com\/index.php\/wp-json\/wp\/v2\/categories?post=66860"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/vanillanews.com\/index.php\/wp-json\/wp\/v2\/tags?post=66860"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}