Centre’s net direct tax collection grows 21% so far in FY25
The Central government has so far this year collected Rs.4.62 trillion in direct taxes after adjusting for refunds, marking a
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collection
Mutual funds collection through NFOs up 6.5% at Rs 66,364 crore in FY24
Asset management companies (AMCs) floated 185 new fund offerings mobilising Rs 66,364 crore in 2023-24, marking a 6.5 per cent
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Mutual funds’ SIP collection jumps 31% to Rs. 1.5 lakh crore in 2022
Contributions to mutual fund schemes through systematic investment plans or SIPs remain unfazed from the market volatility in 2022 with
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GST collection grows 11% YoY to Rs. 1.46 lakh crore in November
The Goods and Services Tax (GST) collections grew by 11 per cent to about Rs 1.46 lakh crore in November
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Direct tax collection in April-August surges 33%
Collections from direct taxes in the April-August period touched Rs. 4.80 lakh crore, marking about 33 per cent growth over
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Excise collection jumps 79% in Q2
The government’s collection from levy of excise duty on petroleum products has risen 33 % in the first six months
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Credgenics launches CG Collect App to help lenders and collection agents
This loan recovery application includes features like tracking on-field collections of loans in real-time, in-app calling, e-receipts for deposits, access to legal notices, recovery dashboards, and more.
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Central government’s indirect tax collection up 12% in FY21
The Centre’s indirect tax collection rose by more than 12% to Rs. 10.71 trillion in FY21 compared to Rs. 9.54
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