FY 2023-24 Sees Notable Direct Tax Collection Surge
In FY 2023-24, Gross Direct Tax collections soared to Rs. 22,27,067 crore, marking an 18.74% increase from the previous year. Net collections rose by over 19.88%, with Advance Tax contributions hitting Rs. 9,11,534 crore, up 22.31%, showcasing robust economic growth.
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