Net Provisional Direct Tax Collections for FY 2023-24 Exceeds Union Budget Estimates by 7.40% | CBDT
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- Last Updated on 24 April, 2024
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Press Release, dated 21-04-2024
The Central Board of Direct Taxes (CBDT) has released the provisional figures of Direct Tax collections for the Financial Year (FY) 2023-24. The net direct tax collections for the FY 2023-24 stand at Rs. 19.58 lakh crore, marking a growth of 17.70%.
The Gross Corporate Tax collection (provisional) in FY 2023-24 is at Rs. 11.32 lakh crore and has shown a growth of 13.06% over the gross corporate tax collection of the preceding year. The Net Corporate Tax collection (provisional) in FY 2023-24 is at Rs. 9.11 lakh crore and has shown a growth of 10.26% over the net corporate tax collection of the preceding year.
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