Gross Direct Tax collections for FY 2022-23 upto 10th March, 2023 are at Rs. 16.68 lakh crore, higher by 22.58% over gross collections for corresponding period of preceding yr.Net collections at Rs. 13.73 lakh crore are 16.78% higher than net collections for same period last yr
A big news has come from the Income Tax Department. In fact, the department has made the highest ever income tax collection in the current financial year. This information has been shared by the Central Board of Direct Taxes. CBDT Chairman JB Mohapatra said that there has been a growth of 48 per cent in …
Highest Tax Collection in The History Of Income Tax Department Read More »
Advance tax collection has increased by 41 percent in the current financial year in the country. With this, the tax collection from personal and corporate income has increased by more than 48 percent in the current financial year. This explains the continuous economic recovery in the economy affected by the corona virus epidemic. According to …
The figures of Direct Tax collections for the Financial Year 2021-22, as on 15.06.2021 show that net collections are at Rs.1,85,871 crore compared to Rs. 92,762 crore over the corresponding period of the preceding year, representing an increase of 100.4% over the collections of the preceding year. The net Direct Tax collections include Corporation Tax …