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Net Direct Tax collections (provisional) for Financial Year (FY) 2023-24 exceed Union Budget Estimates by Rs. 1.35 lakh crore i.e. by 7.40% Net Direct Tax collections (provisional) for the FY 2023-24 exceed Revised Estimates by Rs. 13,000 crore Gross Direct Tax collections (provisional) for FY
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FAQ :
The net direct tax collections for FY 2023-24 were £19.58 lakh crore.
Yes, net direct tax collections exceeded the Union Budget estimates by £1.35 lakh crore, a growth of 7.40%.
Net direct tax collections showed a year-on-year growth of 17.70%.
Gross direct tax collections stood at £23.37 lakh crore, an 18.48% increase year-on-year.
Refunds aggregating to £3.79 lakh crore were issued in FY 2023-24.
Net personal income tax collection grew by 25.23% in FY 2023-24.
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