Gross collection

FY24 Net Direct Tax Collections Surpass Budget Estimates by 7.4%

Gross direct tax collections for the Financial Year (FY) 2023-24 in India amounted to Rs. 19.58 lakh crore, marking a notable increase from Rs. 16.64 lakh crore recorded in FY 2022-23, showcasing a growth rate of 17.70 per cent. As per an announcement from the Union Ministry of Finance, the...