Direct tax revenues in current fiscal year reach ₹9.87 lakh crore, up 23.51%

  • Net collection of direct tax, net of refunds, is ₹8.65 lakh crore, including Corporation Tax and Personal Income Tax.
  • Gross collection includes net refund amount of ₹1,21,944 crore.
  • Advance tax collections for the financial year 2023-24 stand at ₹3,55,481 crore, marking a 20.73% growth.
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