India's direct tax collection has witnessed a significant surge, reaching a staggering ₹18.9 trillion (approximately $227 billion), marking a strong 20 per cent increase as reported by the Central Board of Direct Taxes (CBDT).

India's direct tax collection soars, hitting $227 billion mark

Prime Minister Narendra Modi on Thursday launched 'Transparent Taxation - Honoring the Honest' platform. He said it will strengthen efforts of "reforming and simplifying India's tax system".

PM Modi unveils 'fundamental reforms' for taxpayers; faceless appeals to start from September 25

Prime Minister Narendra Modi on Thursday emphasised the role of tax compliance in nation-building and said the government is following a policy-driven governance model.

Faceless assessment, taxpayer charter has come into force from today: PM Modi

India's corporate and income tax collection for the current year is likely to fall for the first time in at least two decades, several senior tax officials told Reuters, amid a sharp fall in economic growth and cut in corporate tax rates.

India faces first fall in direct taxes in at least two decades

A committee of experts headed by Central Board of Direct Taxes (CBDT) member Akhilesh Ranjan on Monday submitted its report on replacing the Income Tax Act with a new Direct Tax Code.

Committee submits report on replacing I-T Act with Direct Tax Code

The Union Cabinet on Wednesday decided to abolish institutions of Ombudsman for income tax and indirect tax. The approval comes against the backdrop of people preferring online grievance redressal mechanism.

Cabinet approves abolition of Ombudsman for direct, indirect taxes

It further said there is a growth of over 80 per cent in the number of returns filed in the last four financial years from 3.79 crores in 2013-14 to 6.85 crore in 2017-18.

Direct tax-GDP ratio of 5.98% during Fiscal Year 2018 best in 10 years: Finance Ministry

Gross collections in FY 2017-18 increased by 13 per cent to Rs11.44 lakh crore, while refunds amounting to Rs1.49 lakh crore were issued during 2017-18

Direct tax collections for 2017-18 increased 17.1% over previous year: CBDT

The direct tax collection saw a growth of 19.3% over the year-ago period

Direct tax kitty grows 19% to Rs 6.95 lakh crore in April-January

Direct taxes are made up of income tax paid by individuals, wealth tax and corporation tax paid by companies.

Direct tax collections rise 18.2 per cent in April-December

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