India's direct tax strategy is shifting towards broader participation and better compliance, not rate hikes, according to the ...

Explains how the new tax code replaces the 1961 Act with simpler rules and fewer exemptions. The key takeaway is a clearer, taxpayer-centric framework effective from April ...

NEW DELHI, Jan 12 (Reuters) - India's net direct tax collection rose 8.82% year-on-year to 18.38 trillion rupees ($203.9 billion) from April 1, 2025, to January 11, 2026, the government said on Monday ...

Personal income tax: Paid by individuals on salaries and other income PRS Legislative Research noted that income tax’s share ...

As Budget 2026 approaches, targeted reforms can significantly reinforce India’s commitment for a stable and business-friendly tax regime.

July 11 (Reuters) - The Indian government's net direct tax collection fell 1.3% year-on-year to 5.6 trillion rupees during the April 1-July 10 period, it said in a statement on Friday. Direct taxes, ...

India's government has finalized key direct tax reforms to boost investment and simplify compliance. Measures include ...

Direct Tax Collection: Net mop-up at Rs 18.38 lakh crore, up 8.8 per cent YoY; gross collections at Rs 21.5 lakh cr. Refunds down 16.9 per cent so far this fiscal ...

India’s direct tax collections recorded a robust growth in the current financial year, with net collections rising by 8.82 per cent to Rs 18.37 lakh crore as on January 11, 2026, compared to the ...

Sept 18 (Reuters) - India's net direct tax collections rose over 9% year-on-year to 10.8 trillion rupees from April 1 to Sept 17, the government said on Thursday. Direct taxes, which include corporate ...