Representative Image 
Business

Direct tax collections up 20% at Rs 11,35,754 cr till Dec 17

Advance tax collections for the current fiscal stood at Rs 5,21,302 crore as on December 17, 2022, 12.83 per cent more than last year, according to official sources

IANS

NEW DELHI: Direct tax collections stood at Rs 11,35,754 crore, as on December 17, 2022, up by 19.81 per cent against Rs 9,47,959 crore recorded in the corresponding period of last year, officials said.

The gross collection of direct taxes (before adjusting for refunds) for 2022-23 stood at Rs 13,63,649 crore, compared to Rs 10,83,150 crore recorded in the corresponding period of last year, registering a growth of 25.90 per cent.

Advance tax collections for the current fiscal stood at Rs 5,21,302 crore as on December 17, 2022, 12.83 per cent more than last year, according to official sources.

Refunds aggregating to Rs 2,27,896 crore were issued in the current fiscal.

Visit news.dtnext.in to explore our interactive epaper!

Download the DT Next app for more exciting features!

Click here for iOS

Click here for Android

Anbumani seeks caste drop-down menu in Census document

TN issues GO making Tamil Thai Vazhthu mandatory at all government programmes

Avadi: Husband suspects wife of having affair with Insta friend, slits her throat while she was driving auto

Government school head suspended after boy dies of electrocution in Erode

Will raise funds to honour poll promises: Minister Marie Wilson