CNBCTV18
Key contributors include a significant rise in Securities Transaction Tax (STT), which nearly doubled to ₹26,154 crore from ₹13,352 crore in 2023, reflecting increased investor exposure in equity markets. This rise in STT shows how people are making money, as income has doubled, leading to a corresponding increase in tax collections…
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India’s gross direct tax collections surge by 21% annually through mid-September
Key contributors include a significant rise in Securities Transaction Tax (STT), which nearly doubled to ₹26,154 crore from ₹13,352 crore in 2023, reflecting increased investor exposure in equity markets. This rise in STT shows how people are making money, as income has doubled, leading to a corresponding increase in tax collections…