Tag: Budget estimates

Net direct tax collection grows 24% to ₹8.77 lakh crore; nears 62% of Budget Estimates

Net direct tax collection grows 24% to ₹8.77 lakh crore; nears 62% of Budget Estimates

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File. | Photo Credit: Reuters The net direct tax collection grew 24% to ₹8.77 lakh crore in the April-November of the current fiscal, the Finance Ministry said on December 12. This represents 61.79% of the full-year Budget Estimates (BE) of direct tax collection for 2022-23 (April-March). “Direct tax collection net of refund stands at Rs […]

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Fiscal deficit touches 32.6% of annual target till August this fiscal: official data

Fiscal deficit touches 32.6% of annual target till August this fiscal: official data

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As per the data released by the Controller General of Accounts (CGA), the government’s total receipts, including taxes, stood at ₹8.48 lakh crore or 37.2% of the Budget Estimates (BE) for 2022-23. As per the data released by the Controller General of Accounts (CGA), the government’s total receipts, including taxes, stood at ₹8.48 lakh crore […]

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