Final Up to date: March 19, 2024, 21:15 IST
On a gross foundation, earlier than adjusting refunds, the direct tax assortment stood at Rs 22.27 lakh crore. (Consultant Picture)
On a gross foundation, earlier than adjusting refunds, the direct tax assortment stood at Rs 22.27 lakh crore, an 18.74 per cent development over the year-ago interval
The online direct tax assortment grew 19.88 per cent to over Rs 18.90 lakh crore until March 17, the earnings tax division mentioned on Tuesday.
The online direct tax assortment of Rs 18,90,259 crore(as of March 17) contains Company Tax (CIT) at Rs 9,14,469 crore (web of refund) and Private Earnings Tax (PIT), together with Securities Transaction Tax (STT) at Rs 9,72,224 crore (web of refund).
Refunds amounting to about Rs 3.37 lakh crore have additionally been issued within the present fiscal until March 17.
On a gross foundation, earlier than adjusting refunds, the direct tax assortment stood at Rs 22.27 lakh crore, an 18.74 per cent development over the year-ago interval.
“The provisional figures of Direct Tax collections for the Monetary Yr 2023-24 (as of March 17, 2024) present that web collections are at Rs 18,90,259 crore, in comparison with Rs 15,76,776 crore within the corresponding interval of the previous Monetary Yr (FY 2022-23), representing a rise of 19.88 per cent,” the Central Board of Direct Taxes (CBDT) mentioned in an announcement.
The federal government had within the revised estimates for direct tax assortment pegged the receipts for the total fiscal (April-March) at Rs 19.45 lakh crore.
