Quick Summary
The Central Board of Direct Taxes (CBDT) has been releasing key statistics relating to Direct Tax collections and administration in public domain from time to time. In continuation of its efforts to place more and more information in public domain, the CBDT has further released Time-Series data as updated upto F.Y. 2021-22. The key highlights of some of these statistics are as under (i) Net Direct Tax Collections have increased by 121.18% from Rs. 6,38,596 crore in F.Y. 2013-14 to Rs. 14,1
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FAQ :
The CBDT has released updated time-series data on Direct Tax statistics, covering up to the Financial Year 2021-22.
Net Direct Tax Collections increased by 121.18% from Rs. 6,38,596 crore in FY 2013-14 to Rs. 14,12,422 crore in FY 2021-22.
The direct tax buoyancy in FY 2021-22 was 2.52, which is the highest recorded in the last 15 years.
The Direct Tax to GDP ratio increased from 5.62% in FY 2013-14 to 5.97% in FY 2021-22.
Yes, the cost of collection decreased from 0.57% of total collection in FY 2013-14 to 0.53% in FY 2021-22.
The time series data is available on www.incometaxindia.gov.in.
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