As of November 9, 2023, Direct Tax Collections are Robust at Rs. 12.37 Lakh, Marking a 17.59% YoY Growth | CBDT
- News|Blog|Income Tax|
- < 1 minute
- By Chetan Kulasri
- |
- Last Updated on 16 November, 2023
Latest from Taxmann
Press Release, dated 10-11-2023
The CBDT has released data for direct tax collections up to 09-11-2023. The provisional figures of Direct Tax collections continue to register steady growth. The Gross Direct Tax collections are at Rs. 12.37 lakh crore, which is 17.59% higher than the gross collections for the corresponding period of last year.
Net Direct Tax collections at Rs. 10.60 lakh crore mark a 21.82% increase from last year and represent 58.15% of the total Direct Taxes Budget for FY 2023-24. Refunds amounting to Rs. 1.77 lakh crore have been issued from April 1, 2023 to November 9 2023.
Click Here To Read The Full Press Release
Disclaimer: The content/information published on the website is only for general information of the user and shall not be construed as legal advice. While the Taxmann has exercised reasonable efforts to ensure the veracity of information/content published, Taxmann shall be under no liability in any manner whatsoever for incorrect information, if any.
CA | CS | CMA
