CBDT: Net direct tax collections rose by 45% to over ₹3.39 lakh Cr by mid-June
This fiscal's net direct tax collections rose by 45 per cent to more than ₹3.39 lakh crore through mid-June. The net direct tax collection of more than ₹3.39 lakh crore includes Corporation Tax (CIT) at more than ₹1.70 lakh crore and Personal Income Tax (PIT), including Security Transaction Tax (STT), at more than ₹1.67 lakh crore.
The Central Board of Direct Taxes (CBDT) has disclosed that net collections for the fiscal Year 2022-23, as of 16.06.2022, are at Rs.3,39,225 crore, up from Rs.2,33,651 crore in the previous year's same period, showing a 45 per cent rise over the previous year's collections.
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