« Top Headlines » Open DEMAT Account in 24 hrs  New Income Tax Act: ITR forms to be issued prior to FY28, says govt  GSTR-9C Explained: Turnover Limit, Due Date, Statement Format & How to Prepare It in Tally Prime (2025 Update)  Will Income Tax Department release new ITR forms by January 2026? Finance Ministry says this  The Government of India has strengthened MSME protection through strict payment rules, ensuring that Micro & Small Enterprises receive timely payments from buyers. Under the MSME Development Act (MSMED Act), 2006, buyers must make payments within:  ITR Refund Delays in India: Why They Happen & How to FastTrack Your Refund in 2025  ITR Refund Delay: From Bank Errors To Department Checks, 5 Big Reasons Your Refund Gets Stuck  Income Tax Slabs 2025: New Vs Old Regime; Which One Is Better For You For FY2025-26?  Seamless Integration: How Tally Prime Connects Businesses to the Digital Economy  Govt to notify new ITR forms, Income Tax Act 2025 rules by January 2026: CBDT chief  Digital Efficiency for MSMEs: The Tally Prime Advantage  5 Ways Tally Prime Reduces Cost and Boosts Productivity for Startups «  Regulator seeks NPS tax relief... ‘Fire in Mayur Bhawan likely to delay payment of refunds’... » Direct tax collection up 45% December, 05th 2007 Direct tax collections grew 44.86% during April-November this year to Rs 1,45,053 crore, up from Rs 1,00,135 crore in the year-ago period. "Net direct tax collections have continued to grow at over 40% and government has succeeded in achieving over 54% of budgeted direct tax target of Rs 2,67,490 crore in the first eight months," a finance ministry statement said. Corporate tax registered a growth of 46.62% at Rs 86,526 crore during the period under review, up from Rs 59,015 crore, while personal income tax (including FBT, STT and BCTT) grew by 42.48% at Rs 58,303 crore, up from Rs 40,920 crore. Securities Transaction Tax (STT) was up 78.93% at Rs 4,924 crore during April-November period against Rs 2,752 crore during the corresponding period last fiscal. Fringe Benefit Tax (FBT) grew by 16.76% at Rs 3,064 crore for the first eight months of the fiscal as against Rs 2,624 crore during the year-ago period. Banking Cash Transaction Tax (BCTT) rose 14.34% to Rs 359 crore against Rs 314 crore in the comparable period last year.