News Karnataka
Wednesday, December 11 2024
Finance

Direct tax collections up 20% at Rs 11 Lakh cr till Dec 17

Direct tax collections up 20 at Rs 1135754 cr till Dec 17
Photo Credit : IANS

ew Delhi: Direct tax collections stood at Rs 11,35,754 crore, as on Dec 17, 2022, up by 19.81 per cent against Rs 9,47,959 crore recorded in the corresponding period of last year, officials said.

The gross collection of direct taxes (before adjusting for refunds) for 2022-23 stood at Rs 13,63,649 crore, compared to Rs 10,83,150 crore recorded in the corresponding period of last year, registering a growth of 25.90 per cent.

Advance tax collections for the current fiscal stood at Rs 5,21,302 crore as on Dec 17, 2022, 12.83 per cent more than last year, according to official sources.

Refunds aggregating Rs 2,27,896 crore were issued in the current fiscal.

Read more:

Direct taxes collections for April-Feb at Rs 7.44 lakh cr, grow 19.5% YoY

Collections up 35.4% in FY23 to Rs 6.4 L-cr till Sep 8

CBDT meets officials to dispel doubts on faceless tax collection

Gross direct tax collections up 30% net collections up 23%

Rising WPI inflation to bring higher road toll collections in FY23: ICRA

Share this:
MANY DROPS MAKE AN OCEAN
Support NewsKarnataka's quality independent journalism with a small contribution.

How useful was this post?

Click on a star to rate it!

Average rating 0 / 5. Vote count: 0

No votes so far! Be the first to rate this post.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Nktv
Recent News
Editor's Pick
Nktv Live

To get the latest news on WhatsApp