Quick Summary
Advance Tax collections for the F.Y. 2021-22 (Till 3rd Installment) stand at Rs. 4,59,917.10 crore as on 16.12.2021 which shows a growth of approximately 53.50% Net Direct Tax collections for the F.Y. 2021-22 grown at robust pace at more than 60% Refunds aggregating to Rs. 1,35,093.6 crore iss
Daily Limit Reached
You have reached your daily limit of 2 Free News
Subscribe to CCI PRO for unlimited access
Why Upgrade to CCI PRO?
- No Ads
- WhatsApp Broadcasts
- Daily E-Newsletter
- Unlimited News Access
BEST VALUE
2 YEAR PLAN
3,499
(Inclusive of GST)
1 YEAR PLAN
1,999
(Inclusive of GST)
View all CCI PRO benfits
Already a PRO member? Login here for an ad-free experience.
FAQ :
Net Direct Tax collections for FY 2021-22 grew at a robust pace of over 60%, specifically by 60.8% as of December 16, 2021.
The net collections for FY 2021-22 stood at £9,45,276.6 crore as of December 16, 2021.
The net collections of £9,45,276.6 crore in FY 2021-22 represent an increase compared to £5,87,702.9 crore collected in the corresponding period of FY 2020-21.
The net collection includes Corporation Tax (CIT) at £5,15,870.5 crore and Personal Income Tax (PIT) including Security Transaction Tax (STT) at £4,29,406.1 crore.
Refunds aggregating to £1,35,093.6 crore have been issued in the current fiscal year (FY 2021-22) so far.
Advance Tax collections for FY 2021-22, as of December 16, 2021, stood at £4,59,917.1 crore, showing a growth of approximately 53.50%.
CAclubindia
