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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…

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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

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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 .

New delhiUnion budgetUnion budget estimatesCentral boardDirect taxesRevised estimatesDirect taxGross corporate taxNet corporate taxGross personal income taxNet personal income tax