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Net Direct Tax collections (provisional) for Financial Year (FY) 2023-24 exceed Union Budget Estimates by Rs 1 35 lakh crore i e by 7 40% - New Delhi Times - India s Only International Newspaper

According to the Ministry of Finance, the provisional figures of Direct Tax collections for the Financial Year (FY) 2023-24 show that Net collections are at Rs. 19.58 lakh crore, compared to Rs. 16.64 lakh crore in the preceding Financial Year i.e. FY 2022-23, representing an increase of 17.70%. The Budget Estimates (BE) for Direct Tax…

Union budgetDirect taxFinancial yearBudget estimatesRevised estimatesDirect taxesGross corporate taxNet corporate taxGross personal income taxNet personal income tax

Direct tax collections exceed estimates; jump 18 pc to Rs 19 58 lakh cr

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 the direct taxes, in 2023-24 financial year exceeded the budget estimates by rs 1.35 lakh crore (7.40 per cent) and the revised estimates by rs 13,000 crore. the government had raised the target for direct tax colle

Sanjay kumar agarwalUnion excise dutyDirect taxBudget estimateRevised estimatesDirect taxesNet corporate taxGross personal income taxSecurities transaction taxNet personal income taxFinancial yearDirect tax collections exceed estimates jump 18 pc to rs 19 58 lakh cr

Provisional Net Direct Tax Collections For FY24 Exceed Budget Estimates By By 7 40%

Provisional Net Direct Tax Collections For FY24 Exceed Budget Estimates By By 7 40%
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Union budgetDirect taxFinancial yearBudget estimatesRevised estimatesDirect taxesGross corporate taxNet corporate taxGross personal income taxNet personal income tax

Net Direct Tax collections (provisional) for Financial Year (FY) 2023-24 exceed Union Budget Estimates by Rs 1 35 lakh crore i e by 7 40% - New Delhi Times - India s Only International Newspaper

According to the Ministry of Finance, the provisional figures of Direct Tax collections for the Financial Year (FY) 2023-24 show that Net collections are at Rs. 19.58 lakh crore, compared to Rs. 16.64 lakh crore in the preceding Financial Year i.e. FY 2022-23, representing an increase of 17.70%. The Budget Estimates (BE) for Direct Tax…

Union budgetDirect taxFinancial yearBudget estimatesRevised estimatesDirect taxesGross corporate taxNet corporate taxGross personal income taxNet personal income tax

Direct tax collections shoot past budget target by Rs 1 35 lakh crore in 2023-24

The net direct tax collections for the financial year 2023-24 have clocked a double-digit growth to exceed the Union Budget Estimates (BE) by Rs 1.35 lakh crore or 7.4 per cent reflecting the strong fiscal position of the country

New delhiUnion budget estimatesUnion budgetCentral boardDirect taxesRevised estimatesDirect taxGross corporate taxNet corporate taxGross personal income taxNet personal income taxFinance ministryDirect tax collectionsBudget target

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