« Top Headlines » Open DEMAT Account in 24 hrs  Good news for taxpayers: ITR forms updated to allow 87A tax rebate claims, but there's a catch  Top 10 income tax changes from 2024 to look out for while filing ITR in 2025  15 income tax rule changes in 2024 that will impact your ITR filing in 2025   How to check income tax return (ITR) status  Income tax rules: How much cash can you receive in one day to avoid an I-T notice? «  Tax sleuths raid real estate developers in Bangalore... SEBI extends PAN deadline till December 31... » Net direct tax collections up June, 27th 2007 The Centre's net direct tax collections have registered 52.9 per cent increase in the period between April and June 23 to Rs 42,678 crore. Official sources said that advance tax collections (first instalment) have touched Rs 18,717 crore. This represents a 27.52 per cent increase over advance tax collections of Rs 14,678 crore recorded in the period up to June 23. The due date for the first instalment of advance tax was June 15. For the current fiscal, the Centre is targeting direct taxes collection of Rs 2,67,490 crore