Net direct tax collection swells 21 pc to Rs 13.70 lakh cr in FY24
Admin
Dec 18, 2023 11:11
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Net direct tax collections grew by 20.66 per cent to over Rs 13.70 lakh crore in the current fiscal so far, the income tax department said on Monday.
The net direct tax collection of Rs 13,70,388 crore (as of December 17, 2023 ) includes Corporation Tax (CIT) at Rs 6.95 lakh crore and Personal Income Tax (PIT), including Securities Transaction Tax at Rs 6.73 lakh crore.
The net direct tax collections have touched 75 per cent of budget estimates of direct tax mop-up in the current fiscal.
