Gross Direct Tax collections for the Financial Year 2023-24 have experienced a substantial increase of 12.73%, reaching £4,19,338 crore. This growth is compared to £3,71,982 crore collected in the previous financial year. Net direct tax collections also saw a healthy rise of 11.18%, amounting to £3,79,760 crore. Advance tax collections, a key indicator, grew by 13.70%.
Gross Direct Tax collections for Financial Year (FY) 2023-24 register a growth of 12.73%
Net Direct Tax collections for the FY 2023-24 grown at over 11.18%
Advance Tax collections for the FY 2023-24 stand at Rs. 1,16,776 crore as on 17.06.2023, showing a growth of 13.70%
Refunds aggregating to Rs. 39,578 crore issued in the current fiscal
Thefigures of Direct Tax collections for the Financial Year 2023-24,as on 17.06.2023show thatnet collections are at Rs. 3,79,760 crore, compare
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FAQ :
Gross Direct Tax collections for FY 2023-24 grew by 12.73%.
Gross Direct Tax collections for FY 2023-24 stood at £4,19,338 crore.
Net Direct Tax collections for FY 2023-24 grew by 11.18%.
Advance Tax collections for FY 2023-24, as of June 17, 2023, were £1,16,776 crore.
Yes, refunds aggregating to £39,578 crore were issued in FY 2023-24 up to June 17, 2023, showing a growth of 30.13% compared to the same period in the previous year.