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India's FY24 direct tax mop-up exceed revised estimates by Rs13,000 cr

Net direct tax collection in India increased by 17.70 per cent to an estimated Rs19.58 lakh crore in the 2023-24 financial year, compared to Rs16.64 lakh crore in the previous financial year, provisio

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Provisional Net Direct Tax Collections For FY24 Exceed Budget Estimates By By 7.40%

India: FY24 net direct tax collections exceed budget estimation by 7.4%

Gross direct tax collections for the Financial Year (FY) 2023-24 in India touched Rs. 19.58 lakh crore, compared to Rs 16.64 lakh crore in FY 2022-23, reflecting an increase of 17.70 per cent.

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Net Direct Tax collections (provisional) for Financial Year (FY) 2023-24 exceed Union Budget Estimates by Rs. 1.35 lakh crore i.e. by 7.40% - New Delhi Times - India's Only International Newspaper

According to the Ministry of Finance, the provisional figures of Direct Tax collections for the Financial Year (FY) 2023-24 show that Net collections are at Rs. 19.58 lakh crore, compared to Rs. 16.64 lakh crore in the preceding Financial Year i.e. FY 2022-23, representing an increase of 17.70%. The Budget Estimates (BE) for Direct Tax…

Direct tax collections up 18% in FY24, top revised budget estimate

At gross level, which is before adjusting for refunds, direct taxes collections for FY 2023-24 stood at Rs 23.37 lakh crore, a growth of 18.48 per cent over the gross collection of Rs 19.72 lakh crore in previous financial year.