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India Business News: Net direct tax collections experienced a significant increase of 17.7% year-on-year, reaching Rs 19.58 crore in the fiscal year that ended in March 20
India s direct tax revenue for fiscal year 2023-24 showcased impressive growth, reaching ₹19.58 lakh crore, a 17.7% increase from the previous year and surpassing both original and revised budget estimates, signaling a robust economic performance.
Direct tax collections exceed estimates in FY24; jump 18% to ₹19 58 lakh crore thehindu.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindu.com Daily Mail and Mail on Sunday newspapers.
India s net direct tax collections surged by a massive 17.7 per cent year-on-year to Rs 19.58 crore in the fiscal year ended March 2024, surpassing even revised estimates by a wide margin, the tax department said on Sunday.
Net collections of income and corporate taxes, which make up for most of