August 12, 2023 2:00 PM

Gross Direct tax collections rise 16 % to Rs 6.53 lakh crore this fiscal so far

The gross direct tax collection has registered growth of around 16 per cent to 6 lakh 53 thousand crore rupees compared to corresponding period last year. The Central Board of Direct Taxes, CBDT said, the provisional figures of Direct Tax collections continue to register a steady growth.   Net direct tax collection, after adjusting refunds, stands at 5 lakh 84 thousand crore rupees, which is over 17 per cent higher than the net collections for the corresponding period last year. This co...