India’s net direct tax collections grew 160.5% in 10 years; Tax collection in FY23 Rs 16.6 lakh crore

India’s net direct tax collections increased by 160.52 per cent to Rs 16,63,686 crore in the 10 years between financial years 2022-23 and 2013-14. The country’s net direct tax collection in the financial year 2013-14 was Rs 6,38,596 crore. “Gross direct tax collection of Rs 19,72,248 crore in FY 2022-23 is expected to increase by … Read more