Quick Summary
Direct Tax Collections for F.Y. 2022-23 up to 10th March 2023 Gross Direct Tax collections for FY 2022-23 at Rs. 16.68 lakh crore; 22.58% higher Y-o-Y Net collections at Rs. 13.73 lakh crore; 16.78% higher Y-o-Y Refunds of Rs. 2.95 lakh crore issued; 59.44% higher Y-o-Y The provisional figures of Direct Tax collections up to 10thMarch, 2023 continue to register steady growth. Direct Tax collections up to 10thMarch, 2023 show that gross collections are at Rs. 16.68 lakh crore whic
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FAQ :
Gross direct tax collections up to March 10th, 2023, were £16.68 lakh crore.
Gross direct tax collections increased by 22.58% compared to the corresponding period of the previous year.
Net direct tax collections, after the adjustment of refunds, stand at £13.73 lakh crore.
Net direct tax collections have shown a growth of 16.78% compared to the same period last year.
Refunds issued between April 1st, 2022, and March 10th, 2023, amounted to £2.95 lakh crore, which is a 59.44% increase year-on-year.
Gross Corporate Income Tax collections grew by 18.08%, and Personal Income Tax collections (including STT) grew by 27.57%. After refunds, net CIT growth is 13.62% and net PIT growth is 20.73% (or 20.06% including STT).
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