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Morning Scan: All the big stories to get you started for the day

A round-up of top newspaper stories to keep you ahead of others. ....

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Direct tax collections grow 24.26% to Rs 8.77 lakh cr in FY23: Finance Ministry

The Budget estimate for direct tax collection at Rs 14.20 lakh crore in this fiscal, higher than Rs 14.10 lakh crore in FY22. Tax on corporate and individual income makes up for direct taxes. ....

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Trust-based taxation system resulting in improved collections: FM

Direct tax collections surged to Rs 14.09 lakh crore in 2021-22, registering a year-on-year growth of 49.02 per cent on the back of strong growth in mop-up from individual and corporation tax. ....

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Record tax collection for 2021-2022, crosses Rs 27 lakh crore

Record tax collection for 2021-2022, crosses Rs 27 lakh crore - In 2021-22, the total tax revenue reached Rs 27.07 lakh crore with a record increase of 34%. This is about Rs 5 lakh crore more than budget estimate. ....

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Explainer: Record Tax Collections Signify Economic Recovery, To Boost Growth: Government

Official sources say that the growth revenue collections has also boosted country's tax-GDP ratio for 2021-22 to 11.7 per cent ....

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