finance ministry: Direct tax collections rise 24.58% to Rs 14.71 lakh cr in FY23: Finance Ministry – The Financial Instances Video

In line with authorities information, the nation’s gross direct tax assortment of the present fiscal 12 months (FY23) until January 10 went up 24.58 per cent to Rs 14.71 lakh crore, in opposition to the gross collections made within the corresponding interval the earlier fiscal. In line with the assertion from the finance ministry, the provisional figures of direct tax collections as much as January 10, 2023, proceed to register regular progress. After adjusting refunds, internet direct tax assortment was at Rs 12.31 lakh crore, which is nineteen per cent larger than the earlier 12 months’s assortment through the corresponding interval.