Home / News / India News / Article / Direct tax collections for FY23 reach Rs 16.68L cr, up by 22.58 pc

Direct tax collections for FY23 reach Rs 16.68L cr, up by 22.58 pc

After adjusting refunds, net direct tax collection was at Rs 13.73 lakh crore which is 16.78 per cent higher than the net collections for the corresponding period of last year

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Representative image. Pic/Istock

Representative image. Pic/Istock

The gross collections of direct tax till March 10 for the financial year 2022-23 reached Rs 16.68 lakh crore.

According to the spokesperson of the Central Board of Direct Taxes (CBDT), the provisional figures of direct tax collections continue to register steady growth and also said it registered 22.58 per cent higher than the gross collections for the corresponding period of last year.

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