« Direct Tax » Open DEMAT Account in 24 hrs  Net direct tax collection grow 7% as refunds fall sharply  GSTR-3B deadline expired: File now to avoid input tax credit loss, GST registration cancellation  ITR Filing: Income tax department shortens time limit for condonation of delay What it means for taxpayers  CBDT launches campaign to intimate taxpayers on undeclared foreign assets in ITR  ITR AY2024-25: CBDT launches campaign for taxpayers to report income from foreign sources   CBDT comes out with FAQs on Direct Tax Vivad se Viswas scheme 2024  CBDT weighs overhaul of designations for income tax officials to secure better clarity  Direct tax-GDP ratio at millennial high in FY24  CBDT comes out with FAQs on Direct Tax Vivad se Viswas scheme 2024  Tax filing: How to choose the right ITR form  Income Tax Return: How to maximise your tax refunds while filing ITR? «  Great expectations deferred in direct taxes arena... Rise in direct tax mop-up fuels recovery hopes... » Direct tax collection up 5.8% in April-March June, 06th 2009 Indias direct tax collection in the first two months of the current fiscal rose only 5.8% year-on-year to Rs24,158 crore from Rs22,840 crore a year ago on higher refunds and a slowdown in the economy. Corporate tax collection in April-May was Rs8,578 crore, up 5.6%, from Rs8,126 crore in the same period last year, while income-tax collection grew 5.9% year-on-year to Rs15,559 crore. Within income tax, securities transaction tax collection fell 24.8% to Rs795 crore and fringe benefit tax declined 5.6% to Rs103 crore.