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Direct Tax collections for FY 2024-25 as of 17 September, 2024 Net Collections, YOY comparison Corporate Tax : ₹4.53 lakh crore, up 10.5% Personal Income Tax : ₹5.15 lakh crore, up 18.8% STT : ₹26,154 crore, up 96% Other Taxes : ₹1,812 crore, up

**Tax Revenue Hits Record Highs** 📈 The government’s net direct tax collection, post-refunds, surged 15.4% to ₹12.3 lakh crore between April and November 10, 2024. Gross collections also saw a robust 21.2% increase, reaching ₹15.02 lakh crore. 💰

Reliance's market capitalisation crosses Rs 21 lakh crore for first time.

Financial knowledge Indian Tax slabs Income tax slabs categorize taxpayers based on their annual income, determining the applicable tax rates. Here's a breakdown: 1. Nil Tax: Annual income up to ₹2.5 lakh for individuals below 60 years. 2. 5% Tax: I

India expects 48 lakh weddings in the next two months; may generate Rs 6 lakh crore in business: CAIT

UPI has reported 16.5 billion transactions for October 2024, worth Rs 23.5 lakh crore. HUGE GROWTH!

In the financial year 2025, the direct tax revenue has hit an impressive ₹16.9 lakh crore! Here’s the breakdown: - Personal tax contributes ₹8.7 lakh crore - Corporate tax is at an astounding ₹27.7 lakh crore - Securities transaction tax stands at ₹

The market cap of 6 of the top 10 Sensex companies decreased by Rs 1.71 lakh crore.

New Property Taxation Scenarios: 1) Modest Gains, High Burden 2004 Buy Price: ₹50 lakh 2024 Sell Price: ₹1.6 crore Old Taxation: ₹7,339 New Taxation: ₹13.75 lakh Your tax liability jumps from ₹7,339 to ₹13.75 lakh!!! 2) Moderate Gains, Heavier Lo

😳 Guy named Kopparam revealed on twitter that a dosa vendor near his home earns Rs 20,000 daily, amounting to Rs 6 lakh a month. After deducting costs, the vendor takes home Rs 3-3.5 lakh monthly, all without paying tax🤣 but employee gives 7-10% Ta