GST Collections Double In Five Years; Hit Record ₹22.08 Lakh Crore In FY25
India’s GST collections doubled over five years to reach ₹22.08 lakh crore in FY 2024–25, with monthly collections averaging ₹1.84 lakh crore.
Nudge Campaign Encourages Taxpayers To Declare Foreign Assets; Results In Rs 30,300 Crore Disclosure
Over 30,000 taxpayers disclosed foreign assets worth Rs 30,300 crore in revised or belated ITRs, FM Sitharaman said Tuesday.
India Sees Surge In High-Income Taxpayers; 9.39 Lakh Declare Over Rs 50 Lakh Income
Senior Income Tax officials report a rise in high-income taxpayers, with over 9.39 lakh individuals declaring incomes above Rs 50 lakh.
