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 ISTNet 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 ISTGross 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 ISTNet 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 ISTCorporate 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 ISTGovernment 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 ISTCBDT 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 ISTKnow 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.
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