India's tax structure is becoming more progressive, with direct taxes accounting for 58.5% of total collections in FY25.

Direct taxes are imposed directly on individuals and entities according to their income or wealth whilst indirect tax is imposed on goods, services or transactions and eventually paid by consumers.

July 11 (Reuters) - The Indian government's net direct tax collection fell 1.3% year-on-year to 5.6 trillion rupees during the April 1-July 10 period, it said in a statement on Friday. Direct taxes, ...

Taxation in India is the primary tool for the government to generate revenue, which is subsequently used for infrastructure development, social welfare, and national security. The system is a ...

The amended double taxation avoidance agreement removes France’s most-favoured-nation status for tax treaty benefits ...

Sept 18 (Reuters) - India's net direct tax collections rose over 9% year-on-year to 10.8 trillion rupees from April 1 to Sept 17, the government said on Thursday. Direct taxes, which include corporate ...