India’s Direct Tax Collections Rise 16.15% To Rs 25.86 Lakh Crore In FY 2024-25
India's direct tax collections grew 16.15% YoY to Rs 25.86 lakh crore in FY 2024-25 (as of March 16), per CBDT data.
Securities Transaction Tax (STT) Collections Surge By 75% Despite Market Volatility
The rise in STT collections follows the announcement made by Union Finance Minister Nirmala Sitharaman in the Budget 2024-25, which proposed to double the STT on F&O of securities, effective October 1, 2024.
