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Thursday, November 14 2024 | 10:34:19 PM
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Tag Archives: DIRECT TAX

Net Direct Tax collections (provisional) for Financial Year (FY) 2023-24 exceed Union Budget Estimates by Rs. 1.35 lakh crore i.e. by 7.40%

The provisional figures of Direct Tax collections for the Financial Year (FY) 2023-24 show that Net collections are at Rs. 19.58 lakh crore, compared to Rs. 16.64 lakh crore in the preceding Financial Year i.e. FY 2022-23, representing an increase of 17.70%. The Budget Estimates (BE) for Direct Tax revenue in the Union Budget …

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DIRECT TAX COLLECTIONS MORE THAN TREBLED AND RETURN FILERS SWELLED TO 2.4 TIMES IN PAST DECADE: UNION FINANCE MINISTER

New Delhi. “Over the last ten years, the direct tax collections have more than trebled and the return filers swelled to 2.4 times”, the Union Minister for Finance and Corporate Affairs, Nirmala Sitharaman said, while presenting the Interim Budget 2024-25 in the Parliament today. The Minister assured taxpayers that their …

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