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Tax: India s net direct tax kitty at Rs 19 58 lakh cr, exceeds revised estimates by Rs 13k cr

India s net direct tax collections surged by 17.7% year-on-year to Rs 19.58 crore in fiscal year 2023-24, exceeding revised estimates by Rs 13,000 crore, reflecting economic buoyancy and rising income levels. Gross direct tax collections (provisional) for FY 2023-24 rose 18.48% to Rs 23.37 lakh crore, with refunds totaling Rs 3.79 lakh crore.

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Direct tax collections exceed estimates in FY24; jump 18 per cent to Rs 19 58 lakh crore

Direct tax collections exceed estimates in FY24; jump 18 per cent to Rs 19 58 lakh crore
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Direct tax collections shoot past budget target by Rs 1 35 lakh cr 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 driven by .

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Direct Tax Collections Exceed Estimates In FY24; Jump 18 Pc To Rs 19 58 Lakh Crore

Direct Tax Collections Exceed Estimates In FY24; Jump 18 Pc To Rs 19 58 Lakh Crore
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Direct tax | Direct tax collections exceed estimates in fiscal year 2024; jump 18 per cent to Rs 19 58 lakh crore

Direct tax | Direct tax collections exceed estimates in fiscal year 2024; jump 18 per cent to Rs 19 58 lakh crore
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