Tag: corporate income tax

NEW DELHI: The net direct tax collection increased 23.51 per cent to over Rs 8.65 lakh crore till mid-September on higher advance tax mop-up from corporates, the finance ministry said on Monday.The net collections have reached 47.45 per cent of the full-year budget estimates (BE) of Rs 18.23 lakh crore.The steady growth in tax collection was helped by a 21 per cent growth in advance tax mop-up. September 15 was the last date for paying the second instalment of advance tax for 2023-24.In a statement, the ministry said...