tax collection

Stable4 articles3 sourcesDernière mise à jour: 30/06/2026

Sujets associésIndia GST tax reform consumption economy finance ministry Deloitte India Grant Thornton Bharat

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Business·30/06/2026Résumé IA

GST Rate Rationalisation Boosts Tax Collection Despite Lower Rates

India's GST collections have risen to an average of Rs 1.1 lakh crore monthly, up from Rs 1.01 lakh crore, following a rate overhaul. Despite a drop in the average tax rate from 14.4% to 12.8%, increased consumption in sectors like precious metals and vehicles has boosted tax revenue, demonstrating a successful policy shift towards consumer burden reduction.

Times of India

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India's Direct Tax Collections Surge 14.64% to Rs 5.21 Lakh Crore

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Business·18/06/2026Résumé IA

India's Direct Tax Collections Surge 14.64% to Rs 5.21 Lakh Crore

India's net direct tax collections rose 14.64% to Rs 5.21 lakh crore by June 17, driven by strong corporate and non-corporate tax receipts. Advance tax payments also saw a significant increase, indicating healthy income and profitability for taxpayers this fiscal year.

Italy's New Fiscal Decree: Key Changes to Tax Collection and Incentives

Italy's latest fiscal decree (DL 38/2026) introduces significant changes to tax collection, including a five-day grace period for payments and modifications to the biennial preventive settlement for businesses with lower ISA reliability scores. The decree also updates incentives like hyper-amortization.

Dhoni tops taxpayer list as Jharkhand-Bihar see Rs 20,000 crore tax collection

Former India captain MS Dhoni has been revealed as the highest individual taxpayer from Jharkhand and Bihar combined for the 2025-26 financial year. The Principal Chief Commissioner of Income Tax confirmed Dhoni's top position, though the exact tax amount remains undisclosed. This achievement highlights Dhoni's significant financial contribution to the region.

Times of India