Gross direct tax revenue jumps 24.58 pc to Rs 14.71 lakh crore for FY23

January 11, 2023

Direct tax collection, net of refunds, stands at Rs. 12.31 lakh crore, which is 19.55 % higher than the net collections for the corresponding period of last year. “This collection is 86.68% of the total Budget Estimates of Direct Taxes for FY 2022-23,” the ministry of finance said in a release.

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