Net direct tax collection reaches Rs 13.73 lakh crore, 83 pc of revised estimate for FY23

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India's net direct tax collections up 17% to Rs 13.73 lakh crore till March 10

The gross collections are 22.58 per cent higher than the gross collections for the corresponding period of last year, the Central Board of Direct Taxes (CBDT) said on Saturday.

Net direct tax collection reaches Rs 13.73 lakh crore, 83% of revised estimate for FY23

India Business News: NEW DELHI: Net direct tax collection so far this fiscal grew 17 per cent to reach Rs 13.

Net Direct Tax Collection Jumps 17% To Rs 13.73 Lakh Crore In FY23 So Far, Hits 83% of Full FY Target

Growth rate for corporate income tax is 18.08 per cent, while that for PIT (including STT) is 27.57 per cent

Direct tax collections for FY23 reach Rs 16.68L cr, up by 22.58 pc

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.

Net direct tax collection reaches Rs 13.73 lakh crore, 83 pc of revised estimate for FY23

Refunds amounting to Rs 2.95 lakh crore have been issued during April 1, 2022 to March 10, 2023, which are 59.44 per cent higher than refunds issued during the same period in the preceding year