Content writerย โขย 5m
In the financial year 2025, the direct tax revenue has hit an impressive โน16.9 lakh crore! Hereโs the breakdown: - Personal tax contributes โน8.7 lakh crore - Corporate tax is at an astounding โน27.7 lakh crore - Securities transaction tax stands at โน44,538 crore Altogether, the total gross collections amount to โน20.6 lakh crore. And thatโs just from direct taxesโimagine the numbers if we factor in indirect taxes! Now, as we look ahead to the February Budget, the middle class is eagerly hoping for some much-needed reliefโhigher exemptions and lower tax rates would be a welcome change. But the burning question remains: Will this year be any different? Letโs keep our fingers crossed!
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