Record-Breaking Tax Collections: Direct Tax Revenue Up 20%, Advance Tax Surges 21%

Last updated: 19 December 2024


India's direct tax collections for the financial year 2024-25, as of December 17, 2024, have demonstrated robust growth, with gross collections reaching ₹19.22 lakh crore - a remarkable 20.32% increase compared to the same period in FY 2023-24, when collections stood at ₹15.97 lakh crore. Breakdown

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Category Income Tax   Report

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