{"id":9831,"date":"2022-10-10T08:34:03","date_gmt":"2022-10-10T03:04:03","guid":{"rendered":"https:\/\/vajiramandravi.com\/current-affairs\/?p=9831"},"modified":"2025-12-11T15:20:58","modified_gmt":"2025-12-11T09:50:58","slug":"direct-tax-upsc","status":"publish","type":"post","link":"https:\/\/vajiramandravi.com\/current-affairs\/direct-tax-upsc\/","title":{"rendered":"Direct tax"},"content":{"rendered":"<h2><strong>About:<\/strong><\/h2>\n<ul>\n<li>It is an increase of 16.3% over the tax inflows during the corresponding period a year ago.<\/li>\n<li>Based on provisional data, net personal income tax collections grew 17.35%, rising faster than corporate income tax collections that were up 16.29% net of refunds.<\/li>\n<li>Securities Transaction Tax (STT) collections combined with personal income tax receipts, grew at a more moderate 16.25%.<\/li>\n<li>Underlining that direct tax collections continue to register a steady growth, the Ministry said tax refunds had jumped 81% over the preceding year to touch \u20b91.53 lakh crore.<\/li>\n<li>Net direct tax collections had crossed \u20b97 lakh crore by September 17, 2022 and were 23.3% higher at the time, so there appears to have been a moderation in tax inflows in the intervening three weeks.<\/li>\n<li>Gross revenues from direct taxes were at \u20b98,36,225 crore on September 17, reflecting a 30.2% growth.<\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<hr \/>\n<p><strong>Source :\u00a0<\/strong><a href=\"https:\/\/epaper.thehindu.com\/Home\/ShareArticle?OrgId=G0IACH3HH.1&amp;imageview=0\" target=\"_blank\" rel=\"nofollow noopener\">The Hindu<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>A direct tax is a tax that a person or organization pays directly to the entity that imposed it.<\/p>\n","protected":false},"author":5,"featured_media":9832,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1],"tags":[],"class_list":{"0":"post-9831","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-upsc-prelims-current-affairs","8":"no-featured-image-padding"},"acf":[],"_links":{"self":[{"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/posts\/9831","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/comments?post=9831"}],"version-history":[{"count":0,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/posts\/9831\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/media\/9832"}],"wp:attachment":[{"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/media?parent=9831"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/categories?post=9831"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/tags?post=9831"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}