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NEW DELHI: India’s GST collections rose 8.1% to Rs 1,83,609 crore, pointing to higher consumption post rate reduction.Domestic collections were estimated to have increased 5.3% to Rs 1,35,772 crore in Feb, based on transactions in Jan. The mop-up from imports was 17.2% higher at Rs 47,837 crore, according to latest official data. This was the…
MUMBAI: With nearly Rs 2 lakh crore collected from 365 IPOs in 2025, the year set a new record in terms of mobilisation through the primary market. In comparison, in 2024, through 336 IPOs, companies had collected about Rs 1.9 lakh crore. What’s more, total funds mobilised in 2025 was nearly four times that of…
Net direct tax revenue recorded a growth of 6.33 per cent so far in the current fiscal, reaching over Rs 11.89 lakh crore till October 12, driven by higher corporate tax collections and slower refund issuances, PTI reported. Refunds issued during this period dropped 16 per cent to Rs 2.03 lakh crore.According to official data,…
NEW DELHI: GST collections rose 9.1%, the fastest pace of expansion in four months, to Rs 1,89,017 crore in Sept, indicating that the impact of the announcement of a rate reduction did not significantly dent sales.Domestic collections in Sept — for transactions in Aug — were up 6.8% to Rs 1,36,525 crore as consumers deferred…
Net direct tax collection climbed 9.18 per cent to over Rs 10.82 lakh crore till September 17 in the current fiscal, driven by higher advance tax payments from corporates and slower issuance of refunds, the government said. Refunds issued during the period dropped 24 per cent to Rs 1.61 lakh crore, PTI reported.Corporate advance tax…
