Skip to content
Master Your Money — Master Your Financial Future — Financial Insights Unveiled — Understand Your Financial Future

Tax income from direct sources increases by 9% to reach Rs 10.82 lac crores as of September 17, as reported. (Details available.)

Increased direct tax collections by 9.18% this fiscal year, reaching over 10.82 trillion rupees, can be attributed to enhanced advance tax collections from businesses and delayed refunds.

,   and  Administrator
1 min read
Increased Direct Tax Collections: Revenues Reached an Approaching 10.82 Trillion Rupees by...
Increased Direct Tax Collections: Revenues Reached an Approaching 10.82 Trillion Rupees by September 17 - DETAILS EXAMINED

Tax income from direct sources increases by 9% to reach Rs 10.82 lac crores as of September 17, as reported. (Details available.)

==================================================

In today's Business News, we bring you the latest updates on the Indian economy, company news, and breaking events.

Net Direct Tax Collection Surges

According to ET Now Digital, the current fiscal year's net direct tax collection has grown by 9.18%, surpassing Rs 10.82 lakh crore. Finance Minister Nirmala Sitharaman has been instrumental in driving this growth, as reported by ET Now.

TCS and Vodafone Idea Strike a Deal

In other news, TCS and Vodafone Idea have entered into a five-year deal, though the details remain undisclosed.

MobiKwik Freezes Merchant Accounts

MobiKwik has frozen over 2000 merchant accounts due to heavy losses, as the digital payments company grapples with financial challenges.

Indian Railways' Expansion Plans

The Indian Railways is planning to introduce 1000 Amrit Bharat Express and up to 200 Vande Bharat Sleeper trains, signalling a significant expansion in the country's rail infrastructure.

Samvardhana Motherson's Share Price Target Hiked

Citi has hiked the share price target for Samvardhana Motherson, assigning it a SELL rating and citing five reasons for their decision.

NSDL Dividend 2025 Details

The record date for the NSDL dividend 2025 is today, with the credit date scheduled after Diwali.

Dividends, Splits, and Rights Issues

A total of 123 stocks have gone ex-date today, with dividends, splits, and rights issues. For a comprehensive list, please visit ET Now Digital.

Donald Trump Mention

In a separate development, former US President Donald Trump has made headlines for his latest business ventures.

Picture Credit

This article's picture is courtesy of Shutterstock/ET NOW.

Article Updated

This article was updated at 23:46 IST on September 18, 2025.

Read also:

Related

Latest