Direct tax collections reflect disparities Direct tax collections reflect disparities Chartered Accountant CA ICAI Chartered Accountants CA ICAI CAinINDIA ICAI Announcements Accounting Standards CA News ICAI Students ICAI Members Case Laws CPT IPCC Final ICAI Course CA Course ICAI Forum CA Question Papers ICAI Study Material

« Top Headlines »

Open DEMAT Account in 24 hrs
Will you save more tax by opting for the old income tax regime?
You could lose section 80C tax benefit on EPF contribution; here's why
Income Tax Return Filing: Why you should wait until June 15 to file ITR for FY 2023-24
Section 43B of Income Tax Act: Expenses businesses can cover apart from payment to MSMEs
Direct tax collections reflect disparities
Dealing with income tax notices, intimations or letters? This new feature in ITR portal will make your life easier
Income Tax Slabs FY 2023-24 & AY 2024-25 (New & Old Regime Tax Rates)
How can Form 15G & Form 15H save TDS on interest income?
How are e-filing and e-payment of taxes different? Know details here
Income Tax return (ITR) filing 2024: What is Form 16, when is issue date and why is it crucial? Explained
Step-by-Step Guide To File Income Tax Return FY 2023-24
Income-tax filing: Should you file your returns in April or wait until July 31?
ITR Filing: 6 Ways to Get Exemption on Income Tax
Income Tax Return Filing: 10 Mistakes To Avoid When Filing ITR For AY 2024-25
Old vs New Tax Regime: Who should move to the New Tax Regime from the old one?


« Section 43B of Income Tax Act: Expenses businesses can cover...	Dealing with income tax notices, intimations or letters?... »
Direct tax collections reflect disparities

May, 10th 2024
The Central Board of Direct Taxes has announced that net direct tax collection has exceeded its target for 2023-24. It has increased 17.7 per cent over last year and much faster than the income increase of about 9 per cent. Analysis of this data is also important since the Prime Minister has set in motion the issue of redistribution in the economy.