Corporate Tax

India's Annual Corporate Tax Collection Jumps Over 200% In 4 Years

Consequently, net profit margin surpassed its pre-Covid level. During post-Covid period, with a sharp rebound in sales growth led by pent-up demand, corporates’ profit increased significantly from Rs. 2.5 lakh crore in 2020-21 to Rs. 7.1 lakh crore during 2024-25.

 

Dec 02, 2025, 18:28 PM IST

Personal Income Tax Collection Overtakes Corporate Tax: Report

Personal income tax collections have surpassed corporate taxes for the first time in India's history, signalling a structural shift in the country's direct tax architecture driven by formalisation, digitisation and stronger compliance, according to a report by JM Financial Institutional Securities.

Aug 27, 2025, 17:55 PM IST

Net Direct Tax Collection Surges After Reduction Of Corporate Tax Rates: Minister

Since FY 2021-22, the growth in net direct tax collection has been robust, Minister of State for Finance, Pankaj Chaudhary, told the Lok Sabha in a written reply.

Aug 04, 2025, 16:39 PM IST

Gross Direct Tax Collections Up 4.9% At Rs 5.45 Lakh Crore, Refunds Rise 58%

The I-T department recently launched the 'e-Pay Tax' feature which aims to simplify tax-related procedures for taxpayers.  

Jun 21, 2025, 11:58 AM IST

Net Direct Tax Collection Grows 22 Per Cent To Rs 6.93 Lakh Crore

Securities Transaction Tax (STT) mopped up Rs 21,599 crore, while other taxes (which include equalisation levy and gift tax) earned Rs 1,617 crore. 

Aug 12, 2024, 20:56 PM IST

Corporate tax collection grows 34% between April And July

Corporate tax collections during FY 2021-22 stood at ₹ 7.23 lakh crore, registered a growth of over 58 % as compared to the tax collection of FY 2020-21.

Aug 13, 2022, 13:54 PM IST

Government informs source of income in Budget

The central government informs about sources of income in union budget custom duty excise duty income tax corporate tax and many more

Jan 20, 2022, 22:58 PM IST

CBDT refunds over Rs 45,000 crore to 21 lakh Indian taxpayers in ongoing fiscal

The Income Tax India posted, "CBDT issues refunds of over Rs. 45,896 crore to more than 21.32 lakh taxpayers between 1st April 2021 to 2nd August 2021. Income tax refunds of Rs. 13,694 crore have been issued in 20,12,802 cases & corporate tax refunds of Rs. 32,203 crore have been issued in 1,19,173 cases." 

Aug 07, 2021, 18:28 PM IST

Know about the new rules to be implemented across the country from today

Know about the new rules to be implemented across the country from today. These rules will impact your pocket. Watch to know more.

Oct 01, 2019, 08:00 AM IST

Deshhit: Know top 20 Deshhit news of today

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Sep 25, 2019, 20:46 PM IST

Deshhit; 24th September 2019

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Sep 24, 2019, 23:02 PM IST

Deshhit: Know top 20 Deshhit news of today

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Sep 24, 2019, 21:06 PM IST

Deshhit; 23rd September 2019

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Sep 23, 2019, 22:40 PM IST

Deshhit: Know top 20 Deshhit news of today

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Sep 23, 2019, 21:18 PM IST

Badhir News: Special show for hearing impaired, 22nd September 2019

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Sep 22, 2019, 16:50 PM IST

News 50: Watch top news stories of the day

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Sep 21, 2019, 16:12 PM IST

Badhir News: Special show for hearing impaired, 21th September 2019

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Sep 21, 2019, 16:10 PM IST

Deshhit: Watch top 5 questions raised on important issues

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Sep 20, 2019, 20:34 PM IST

Deshhit: Know top 20 Deshhit news of today

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Sep 20, 2019, 20:24 PM IST

5W1H: Watch top news with research and latest updates, 20th September, 2019

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Sep 20, 2019, 16:42 PM IST