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Home Business Direct Tax Collections Cross Rs 6.53 Lakh Crore So Far This Financial...

Direct Tax Collections Cross Rs 6.53 Lakh Crore So Far This Financial Year


The gathering is 32.03% of the entire funds estimates of direct taxes for present fiscal 2023-24.

New Delhi:

Gross direct tax assortment grew 15.73 per cent to Rs 6.53 lakh crore until August 10 within the present fiscal, the Revenue Tax division stated at the moment.

Web direct tax assortment after adjusting refunds stands at Rs 5.84 lakh crore, which is 17.33 per cent increased than the web collections for the corresponding interval of final yr.

“The provisional figures of direct tax collections as much as tenth August, 2023 proceed to register regular development,” the Central Board of Direct Taxes (CBDT) stated in a press release.

The gathering is 32.03 per cent of the entire funds estimates of direct taxes for present fiscal 2023-24.

Refunds amounting to Rs 69,000 crore have been issued until August 10, that are 3.73 per cent increased than refunds issued throughout the identical interval within the previous yr.
 

(Apart from the headline, this story has not been edited by NDTV workers and is revealed from a syndicated feed.)

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