In a recent parliamentary session, the Indian government secured approval for an additional expenditure of ₹51,463 crore for the fiscal year 2024-25 (FY25). This supplementary budget aims to address various financial requirements, including increased funding for subsidies and other essential

India’s net direct tax collections have surged to ₹21.26 trillion as of March 16, 2025, marking a 13.13% increase compared to the same period in the previous fiscal year. This substantial growth indicates strong economic activity and enhanced tax compliance across the country. Breakdown of Tax Collections The net corporate tax collection between April 1, […]