« Top Headlines » Open DEMAT Account in 24 hrs  Mock Test Papers Series - I & II for Students appearing in CA Foundation January 2027 Examination.  Income Tax Rules 2026: CBDT Introduces Revised Form 161 for Penalty Waiver, Clarifies Misreporting Categories and Taxpayer Relief  ITR Filing and Income Tax Audit Deadline Extended: 5 Critical Things Taxpayers Must Know  Filing Belated ITR for AY 2026-27? Know Which Losses You Can Carry Forward and Which You May Lose  CBDT Extends Tax Audit Report Deadline to October 21, ITR Filing Last Date to November 21 for AY 2026-27  CBDT Extends AY 2026-27 ITR Filing Deadline for Tax-Audit Cases: New Dates and Key Compliance Details  Foreign Assets Missing From Your ITR? Income Tax Department Opens One-Time Disclosure Window  Tax Audit Deadline September 30: Why AIS, TDS and GST Figures May Not Match Your ITR and What Taxpayers Should Do  Tax audit deadline September 30: Common mistakes taxpayers should avoid  Your ITR says ‘verified’, but the refund hasn’t arrived? 5 reasons why your money could be stuck  Missed the ITR Deadline but TDS Refund Is Due? Here’s How You Can Still Claim Your Money «  PN curbs to ‘tax’ foreign players... Direct tax collections up 40 pc at Rs 1,22,000 crore... » Direct tax mop-up jumps 40% to Rs 86,751 cr October, 19th 2007 The governments tax kitty continues to swell. Direct tax collections up to October 15 reported a 40% jump at Rs 1,21,950 crore as against Rs 86,751 crore during the same period last fiscal. Corporate tax contributed Rs 75,549 crore, up by 40.29% from Rs 53,853 crore during same period in the previous fiscal, an official statement said today.Personal income-tax, fringe benefit tax, securities transaction tax and banking cash transaction tax yielded 41.13% more at Rs 46,320 crore against Rs 32,821 crore. Bullish securities market led to a collection of Rs 3,784 crore through securities transaction tax, up 48.05% against Rs 2,556 crore. Banking Cash Transaction Tax collections was up 20.22 % at Rs 284 crore against Rs 236 crore. Fringe Benefit Tax collections recorded a growth of 87.92 % at Rs 2,326 crore against Rs 1,238 crore.Growth in direct tax collections is also due to better tax compliance which is indicated by an increase of 64 % in self-assessment tax.