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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

India: FY24 net direct tax collections exceed budget estimation by 7 4%

Gross direct tax collections for the Financial Year (FY) 2023-24 in India touched Rs. 19.58 lakh crore, compared to Rs 16.64 lakh crore in FY 2022-23, reflecting an increase of 17.70 per cent.

Ministry of financeNew delhiUnion budgetFinancial yearUnion ministryBudget estimatesDirect taxRevised estimatesDirect taxesGross corporate taxNet corporate taxPersonal 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

UPSC Key | 22nd April, 2024 — Coral bleaching, Indelible ink, Health insurance for seniors and more

Exclusive for Subscribers from Monday to Friday: How Coral bleaching and Health insurance are relevant to the UPSC Exam? What significance do topics like Peru-based top potato research centre and direct tax collections have for the preliminary and main exams? You can learn more by reading the Indian Express UPSC Key for April 22, 2024.

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