Post-budget profit booking continues in the market; Sensex, Nifty close in red

Jul 24, 2024

Indian markets closed on a decline on Thursday, a day after the government proposed an increase in capital gains tax and a hike in...

Gross Direct Tax collection sees 19.94 per cent growth as of January 12

Jan 13, 2025

Corporate tax (CT) contributed Rs9.72 lakh crore, while non-corporate tax (NCT) stood at Rs10.45 lakh crore. Collections from Securities Transaction Tax (STT) surged to...

Personal income tax collection overtakes corporate tax: Report

Aug 27, 2025

Personal income tax collections have surpassed corporate taxes for the first time in India's history, signalling a structural shift in the country's direct tax...

STT Abolition and IT Exemption Revision Top Budget Expectations: Akshat Khetan

Jan 22, 2025

Mumbai (Maharashtra) [India], January 22: Abolition of Securities Transaction Tax (STT) and the revision of the income tax exemption slab to Rs 25 lakh...

STT collection hits all-time high; taxman rides on bullish stock market

Jul 15, 2021

New Delhi [India], July 15 : With Sensex witnessing record closing and Nifty hitting all-time high earnings, the Income Tax Department on Thursday has...

Quick commerce sector to benefit most from tax rebates as higher disposable income kicks in from May 2025: ICICI report

Mar 06, 2025

The quick commerce sector will be a key beneficiary of the income tax cut announced in the Union Budget 2025, as it will trigger...