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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…

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.

India’s net direct tax collections surged by a massive 17.7 per cent year-on-year to rs 19.58 crore in the fiscal year ended march 2024, surpassing even revised estimates by a wide margin, the tax department said on sunday. net collections of income and corporate taxes, which make up for most of the direct taxes, in 2023-24 financial year exceeded the budget estimates by rs 1.35 lakh crore (7.40 per cent) and the revised estimates by rs 13,000 crore. the government had raised the target for di...

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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…

The net direct tax collections for the financial year 2023-24 have clocked a double-digit growth to exceed the Union Budget Estimates (BE) by Rs 1.35 lakh crore or 7.4 per cent reflecting the strong fiscal position of the country

Indias net direct tax collections surged by 17.7% year-on-year to Rs 19.58 crore in fiscal year 2023-24, exceeding revised estimates by Rs 13,000 crore, reflecting economic buoyancy and rising income levels. Gross direct tax collections (provisional) for FY 2023-24 rose 18.48% to Rs 23.37 lakh crore, with refunds totaling Rs 3.79 lakh crore.

The net direct tax collections for the financial year 2023-24 have clocked a double-digit growth to exceed the Union Budget Estimates (BE) by Rs 1.35 lakh crore or 7.4 per cent reflecting the strong fiscal position of the country driven by ...

NEW DELHI — India's net direct tax collections surged by a massive 17.7 per cent year-on-year to INR 19.58 crore in the fiscal year ended March 2024,