India's net direct tax receipts down 1.3%, corporate taxes slip 3.7%

India’s net direct tax collections contracted 1.3 per cent to about Rs 5.63 trillion as of July 10, with corporate taxes dropping 3.7 per cent and non-corporate taxes recording a fractional 0.04......

OpenAI Plans for India Data Center

'It may take some time for them to get down to the details, such as the location and capacity.' Kindly note the image has been posted only for representational purposes. Photograph: Kind courtesy......

Direct tax mop-up rises 21% to Rs 4.62 lakh cr

Net direct tax collection grew 21 per cent to over Rs 4.62 lakh crore so far this fiscal, on higher advance tax payment by corporate. Illustration: Dominic Xavier/Rediff.com The first instalment......

Pillar Two tax regime unlikely soon as India moves with caution

The Union government is expecting to rake in Rs 100-200 crore in additional revenue from Pillar Two, only under specific circumstances, a senior finance ministry official said requesting anonymity.......