Quick Summary
Direct Tax collections at 80.61% of total Budget Estimates of Direct Taxes for F.Y. 2023-24 upto 10.01.2024 Gross Direct Tax collections at Rs. 17.18 lakh crore with Y-o-Y growth of 16.77%, as on 10th January, 2024 Direct Tax collection, Net of refunds stands at Rs. 14.70 lakh crore with Y-o-Y growth of 19.41% Net Corporate Income Tax (CIT) grows at 12.37% and Net Personal Income Tax (PIT) grows 27.26% Y-o-Y respectively Refunds worth Rs. 2.48 lakh crore issued during 1st April, 2023
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FAQ :
As of January 10, 2024, 80.61% of the total Budget Estimates for Direct Taxes for FY 2023-24 has been achieved.
Gross Direct Tax collections up to January 10, 2024, are Rs. 17.18 lakh crore.
The year-on-year growth in gross Direct Tax collections is 16.77% as of January 10, 2024.
Refunds amounting to Rs. 2.48 lakh crore have been issued between April 1, 2023, and January 10, 2024.
Net Direct Tax collections, after the adjustment of refunds, show a year-on-year growth of 19.41%.
Net Corporate Income Tax (CIT) collections have grown by 12.37% year-on-year, while Net Personal Income Tax (PIT) collections have grown by 27.26% year-on-year.
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