in ,

Direct tax kitty grows 30% in FY23 to Rs 8.36 lakh cr

PTI

New Delhi, Sept 18: Gross direct tax collections grew 30 per cent to Rs 8.36 lakh crore till September 17 of current fiscal year on increased advance tax mop-up, the finance ministry said on Sunday.

“The gross collection of direct taxes (before adjusting for refunds) for FY 2022-23 stands at Rs 8,36,225 crore compared to Rs 6,42,287 crore in the corresponding period of preceding financial year i.e. 2021-22, registering a growth of 30 per cent over collections of 2021-22,” the ministry said in a statement.

The cumulative advance tax collections for April-September stand at Rs 2,95,308 crore as on September 17, up 17 per cent over the year-ago period.

Leave a Reply

Your email address will not be published. Required fields are marked *

Loading…

0

India to unveil National Mission, sops for natural farming

Travel Agents Association, Kashmir, holds 14th AGM; honors tourism heroes