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
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1 replies5 likes
Prem Siddhapura
Stealth • 3m
**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. 💰
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0 replies3 likes
Mahendra Lochhab
Stealth • 1m
In December 2024, the monthly SIP crossed Rs 26 thousand crore. In December 2023, it was Rs 17,610 crore, which increased by 50.25% to Rs 26,459 crore last month.
3 replies4 likes
Mahendra Lochhab
Stealth • 2m
The central government has collected GST of ₹ 1.82 lakh crore in November 2024.
This GST collection is 8.5% more than the GST collection in November last year.
In November 2023, the government has collected GST of ₹ 1.68 lakh crore.
5 replies7 likes
Mahendra Lochhab
Stealth • 3m
India's influencer marketing industry is predicted to touch INR 6,875 crore by 2025, and reach INR 10,750 crore by 2027, according to ‘The Influencer Marketing Report 2024’ (IMR 2024), released by Influencer .in
5 replies1 like
Sunderam Dutta
Stealth • 21d
How Kumbh Mela Drives a ₹4 Lakh Crore Economy! 🇮🇳✨
Kumbh Mela isn’t just the world’s largest spiritual gathering—it’s also a massive economic force! Here’s how this grand event fuels a multi-lakh crore economy:
🔸 Total Budget – ₹7,500 Cr
(₹5,400
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0 replies2 likes
Mahendra Lochhab
Stealth • 1m
National Startup Day was started by PM Narendra Modi on 16 January 2016. Till 2015, there were 450 startups in the country, whose number has increased to 1.57 lakh today. Currently there are 118 unicorn startups in the country.
Startups have provide
As of June 2024, the number of Demat accounts in India's stock market was 16.2 crore. This is a significant increase from March 2020, when there were only 36 million Demat accounts.
1 replies7 likes
SamCtrlPlusAltMan
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OpenAI • 7m
Read this.
Q1 2024 has seen significant activity in India's venture capital scene:
1. A deep tech fund launched its 300 crore INR second fund (200 core + 100 crore option).
2. An international VC firm announced a $150M fund ($125M + $25M option).
Noida-based IndiaMART, which is India's largest B2B marketplace, recently announced its financial results for the first quarter ending June 30, 2024.
The company reported consolidated revenue from operations of Rs 331 crore, marking a 17% increase f