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Net Direct Tax collections for the Financial Year 2022-23 grown at over 45% Net Direct Tax collections for the F.Y. 2022-23 continue to grow at a robust pace further fortifying the economic revival Gross Tax collections for the Financial Year 2022-23 grown at about 40% Advance Tax collections for F.Y. 2022-23 stand at Rs. 1,01,017 crore which shows a growth of more than 33% Refunds amounting to Rs. 30,334 crore issued in the F.Y. 2022-23 Net Direct Tax collections rose over 45% to
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FAQ :
Net Direct Tax collections for FY 2022-23 rose to over Rs. 3.39 lakh crore.
Net Direct Tax collections saw an increase of over 45% compared to the preceding year.
The Net Direct Tax collection includes Corporation Tax (CIT) and Personal Income Tax (PIT), which also encompasses Security Transaction Tax (STT).
Advance Tax collections for FY 2022-23 stood at Rs. 1,01,017 crore, showing a growth of more than 33% over the previous year.
Refunds amounting to Rs. 30,334 crore were issued during FY 2022-23.
TDS collections for FY 2022-23 reached Rs. 2,29,676 crore, marking a growth of nearly 46% compared to the previous financial year.
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