Gross: Net direct tax collection rises 11% to about Rs 3.80 lakh crore so far this fiscal: Finance ministry
NEW DELHI: The figures of direct tax collections for financial year 2023-24 as on June 17 show that net collections are at Rs 3,79,760 crore, compared to Rs 3,41,568 crore in the corresponding period of the preceding FY, representing an increase of 11.18%.As per a statement released by the finance ministry on Sunday, net direct tax collection of Rs 3,79,760 crore (as on June 17) include Corporation Tax (CIT) at Rs 1,56,949 crore (net of refund) and Personal Income Tax (PIT) including Securities Transaction Tax (STT) at Rs 2,22,196 crore (net of refund).The gross collection of direct taxes (before adjusting for refunds) for FY 2023-24 stands at Rs 4,19,338 crore as compared to Rs 3,71,982 crore in the corresponding period of the preceding financial year, registering a growth of 12.73% over...