Ratio of corporate tax collection to GDP exceeds 3% in FY22 after 2 years

Jan 02, 2023

The net corporate tax collection was Rs 7.12 lakh crore in 2021-22 while GDP was at Rs 236.64 lakh crore at current market price....

Corporate tax collection grows 34 pc between April and July

Aug 12, 2022

New Delhi [India], August 13 : The corporate tax collection in the first four months of the current fiscal year has seen a growth...

Income tax-biggest revenue category; corporate tax now behind even GST: Anand Rathi report

Jul 15, 2024

Personal income tax now accounts for nearly 30 per cent of gross tax collection, emerging as the government's largest resource mobiliser.

Direct tax collection grew 24 per cent so far this year

Oct 09, 2022

New Delhi [India], October 9 : The gross tax collection between April 1 and October 8 this year has jumped nearly 24 per cent,...

Budget 2023: Govt simplifies tax benefits for MSMEs, cooperatives, start-ups

Feb 01, 2023

While for cooperatives, the government extended 15 per cent corporate tax benefits to new cooperatives which would start manufacturing from March 2024.

G20 approves global corporate tax rate of at least 15 pc

Jul 11, 2021

Venice [Italy], July 11 : G20 Finance Ministers on Saturday approved a tax reform for multinationals that aims to put an end to tax...