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While gross direct tax collections (provisional) for the FY 2023-24 rose 18.48 per cent to Rs 23.37 lakh crore, net proceeds (after accounting for refunds) surged 17.7 per cent to Rs 19.58 lakh crore, ...
Big boost from personal income tax helped the government receive over ₹19.58 lakh crore through directtaxes in fiscal year 2023-24. With this, collections exceeded both budget estimates (BE ...
India’s net direct tax collections grew 17.7% in 2023-24 to hit ₹19.58 lakh crore, marginally surpassing the revised estimates for the year, thanks to a surge in personal income taxes whose ...