Tag: Corporate tax
Direct tax collections rise over 7pc in FY26; advance tax growth remains strong: Govt
Key TakeawaysDirect tax collections in India rose by 7.19% in FY26, driven by corporate tax inflows and higher compliance.The growth in direct tax collections...
How each rupee earned and spent by Govt
Key TakeawaysThe government earns 27 paise of each rupee from borrowings and other liabilities.Income tax contributes 19 paise of each rupee earned, up from...