News

Mint15d
Jump in refunds depresses Centre’s net direct tax revenue
The union government’s net direct tax revenue up to 19 June this year contracted 1.4% annually, although, before adjusting for refunds, it recorded 4.9% growth to ₹5.45 trillion, the Central ...
ThePrint15d
Net direct tax collection dips 1.39 pc to Rs 4.59 lakh cr on lower advance tax mop-up, higher refunds - ThePrint
New Delhi, Jun 21 (PTI) Net direct tax collection so far this fiscal dipped 1.39 per cent to Rs 4.59 lakh crore, on slowdown in advance tax mop-up and higher refunds, government data released on ...
Indiatimes15d
Net direct tax collections dip 1.39% to Rs 4.59 lakh crore despite 5% rise in gross mop-up; refunds surge 58% - Here’s why - Times of India
Net direct tax collections dip 1.39% to Rs 4.59 lakh crore despite 5% rise in gross mop-up; refunds surge 58% - Here’s why TOI Business Desk / TIMESOFINDIA.COM / Jun 21, 2025, 13:14 IST ...
The Tribune16d
Direct tax collections rise 4.86% in FY26 so far, net collections dip on higher refunds - Tribune India
India's gross direct tax collections for the financial year 2025-26 rose by 4.86 per cent to about Rs 5.45 lakh crore as of June 19, compared to about Rs 5.19 lakh crore collected during the same ...
Mint16d
Net direct tax collection dips 1.39 pc to ₹4.59 lakh cr on lower advance tax mop-up, higher refunds - Mint
New Delhi, Jun 21 (PTI) Net direct tax collection so far this fiscal dipped 1.39 per cent to ₹ 4.59 lakh crore, on slowdown in advance tax mop-up and higher refunds, government data released on ...
Tax Guru16d
IDP Education India Not an Intermediary for IGST Refund: Bombay HC - Tax Guru
IDP Education India Pvt Ltd. Vs Union of India & Ors (Bombay High Court) Bombay High Court has ruled that IDP Education India Pvt. Ltd. does not qualify as an “intermediary” under the Integrated Goods ...
Goodreturns16d
Income Tax Refund Delayed? Here’s How To Fix It With Your Aadhaar
Income Tax Refund Delayed? It could have happened due to multiple reasons from non-verification of bank accounts to activation of the risk management system (RMS). If the income tax refund is ...
Fox2Now St. Louis17d
Bad luck, timing cost North County woman tax refund - FOX 2
Bad luck, timing cost North County woman tax refund Local News / Jun 19, 2025 / 10:01 PM CDT ...
cnbctv1817d
Explained | How to validate your bank account details for a smooth IT refund - CNBCTV18
As tax season approaches, it’s time for taxpayers to organise their documents in preparation for filing income tax returns. The Income Tax Department has emphasised the critical step of validating ...
Nasdaq18d
Enphase Energy Stock Crashes As Tax Credits Face Axe
Enphase Energy (NASDAQ: ENPH) shares plunged 16% in after-hours trading on Monday, June 16, following the release of proposed amendments to President Trump’s tax plan by Senate Finance Committee ...
elmira18d
Georgia Sending BONUS Tax Refunds, Billions of Dollars to Be Disbursed
The distribution of these tax surplus payments in Georgia began in June, and the primary method of delivery is direct deposit, although physical checks are also an option that must be indicated when ...