Gross collection of tax on corporate and individual earnings jumped nearly 24 per cent so far in the current fiscal year that started on April 1, the tax department said on Sunday.

Direct tax collection jumps 24% in first half of FY22, earnings reach Rs 7.45 trillion

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

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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direct tax-collection

Direct tax collection jumps 24% in first half of FY22, earnings reach Rs 7.45 trillion

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

Direct tax collections rise 18.2 per cent in April-December