« Top Headlines » Open DEMAT Account in 24 hrs   5 small savings options that save tax under Section 80C  ITR filing 2025: How often can Indian taxpayers switch between new and old income tax regimes?  Tax planning for 2025: How to maximise your savings before March 31 deadline  New income tax bill reaches Parliament: Finance Minister Nirmala Sitharaman tables I-T Bill 2025 in Lok Sabha  5 major changes in the last 6 months every taxpayer should know! «  Tax sleuths raid real estate developers in Bangalore... SEBI extends PAN deadline till December 31... » Net direct tax collections up June, 27th 2007 The Centre's net direct tax collections have registered 52.9 per cent increase in the period between April and June 23 to Rs 42,678 crore. Official sources said that advance tax collections (first instalment) have touched Rs 18,717 crore. This represents a 27.52 per cent increase over advance tax collections of Rs 14,678 crore recorded in the period up to June 23. The due date for the first instalment of advance tax was June 15. For the current fiscal, the Centre is targeting direct taxes collection of Rs 2,67,490 crore