A total of Rs 13.7 lakh crore worth direct taxes (net) have been collected so far in the current financial year 2023-24, representing a 20.66 per cent increase on a yearly basis, according to provisional figures put out by the government on Monday.
Ministry of finance posed on X, "Steady growth in Direct Tax collections! Net collection in FY 2023-24 (upto 30.11.2023) is 23.4 per cent higher Year-on-Year. 58.34 per cent of Budget Estimates for FY2023-24 already achieved. #ViksitBharat #FinMinReview2023"
A total of Rs 11.07 lakh crore (gross) worth of direct taxes have been collected so far in the current financial year 2023-24, representing a 17.95 per cent increase on a yearly basis, Central Board of Direct Taxes Chairman Nitin Gupta said on Tuesday.
A total of Rs 865,117 crore worth of direct taxes have been collected so far in the current financial year 2023-24, representing a 23 per cent increase on a yearly basis.
Direct tax collections so far in 2023-24 have seen steady growth with total mop-up at Rs 6.53 lakh crore, a 15.73 per cent increase over the amount received in the same period last financial year
According to the official data released by the government, "The Gross collection of Direct Taxes (before adjusting for refunds) for the FY 2023-24 stands at Rs 4,19,338 crore as compared to Rs 3,71,982 crore in the corresponding period of the preceding financial year, registering a growth of
According to a statement from the ministry of finance, the net direct tax collections -- which included tax collected from individuals and corporations -- exceeded the Budget Estimates (BE) by 16.97 per cent and the Revised Estimates (RE) by 0.69 per cent.
The provisional figures of direct tax collections continue to register steady growth and also said it registered 22.58 per cent higher than the gross collections for the corresponding period of last year.
According to the statement from the finance ministry, the provisional figures of Direct Tax collections up to January 10, 2023, continue to register steady growth.
After adjusting refunds, net direct tax collection was at Rs 12.31 lakh crore, which is 19 per cent higher than the previous yea
The figures of Direct Tax collections for the Financial Year 2022-23, as on December 17, 2022 show that net collections are at Rs.11,35,754 crore, compared to Rs. 9,47,959 crore in the corresponding period of the preceding Financial Year i.e FY 2021-22, representing an increase of 19.81 per
In the 'Report on Municipal Finances' by the Reserve Bank of India (RBI) released recently, it said while the size of the municipal budgets in India is much smaller than peers in other countries, revenues are dominated by property tax collections and devolution of taxes and grants from upper