positive
Corporate Tax Collections Improve as Manufacturing and Services Revenue Expand
India’s corporate tax receipts showed healthy growth this month as revenue expansion across manufacturing, banking and IT services supported stronger advance tax inflows. Early filings indicated rising profitability in several cyclical sectors, while consumption-linked industries displayed mixed trends. Government officials highlighted steady compliance levels and improved digital filings.
Tags:
- economy
- taxation
positive
Corporate Tax Collections Improve as Manufacturing and Services Revenue Expand
India’s corporate tax receipts showed healthy growth this month as revenue expansion across manufacturing, banking and IT services supported stronger advance tax inflows. Early filings indicated rising profitability in several cyclical sectors, while consumption-linked industries displayed mixed trends. Government officials highlighted steady compliance levels and improved digital filings.
Tags:
- economy
- taxation
1 min read
48 words
Corporate tax inflows strengthened due to resilient revenue trends in manufacturing, banking and IT, supporting fiscal consolidation ahead of the FY26 Budget.
India’s corporate tax receipts showed healthy growth this month as revenue expansion across manufacturing, banking and IT services supported stronger advance tax inflows. Early filings indicated rising profitability in several cyclical sectors, while consumption-linked industries displayed mixed trends. Government officials highlighted steady compliance levels and improved digital filings.
India’s corporate tax receipts showed healthy growth this month as revenue expansion across manufacturing, banking and IT services supported stronger advance tax inflows. Early filings indicated rising profitability in several cyclical sectors, while consumption-linked industries displayed mixed trends. Government officials highlighted steady compliance levels and improved digital filings.
Tags:
- economy
- taxation
- economy
- taxation
- india
- fiscal