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Indian Laws - Highlights / Catch Notes

Home Highlights June 2023 Year 2023 This

Direct tax collections for FY 2023-24 as of 17.06.2023 show net ...

Indian Laws

June 18, 2023

Direct tax collections for FY 2023-24 as of 17.06.2023 show net collections of Rs. 3,79,760 crore, a growth of 11.18% compared to the preceding year. - Gross collections stand at Rs. 4,19,338 crore, a growth of 12.73%, with Advance Tax collections at Rs. 1,16,776 crore. - Corporate Tax collections account for Rs. 1,87,311 crore while Personal Income Tax collections including Securities Transaction Tax stand at Rs. 2,31,391 crore. - Refunds of Rs. 39,578 crore have been issued, a growth of 30.13%.

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