Tag: Net direct tax collections

Net direct tax collections up 17.63%, exceed revised estimates target

Net direct tax collections up 17.63%, exceed revised estimates target

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Representational file image. | Photo Credit: S. Siva Saravanan India’s net direct tax collections have risen 17.63% in 2022-23 to touch ₹16.61 lakh crore, as per provisional data released by the Finance Ministry on April 3, exceeding the revised estimates target for the year by 0.7%. The contribution of corporate tax collections in the gross […]

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Net Direct Tax kitty crosses ₹7 lakh crore

Net Direct Tax kitty crosses ₹7 lakh crore

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India’s net Direct Tax collections have crossed ₹7 lakh crore so far this year, 23.33% higher than the same period last year, signalling a clear post-pandemic rebound in the economy, the Finance Ministry said on Sunday.  Net Direct Tax collections as on Saturday stood at ₹7,00,669 crore, compared to ₹5,68,147 crore as of September 17 […]

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