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Net direct tax revenue grows by 18.3% to ₹11.25 lakh crore

October 12, 2024

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The Morning Standard

NET direct tax collection increased by 18.3%, reaching ₹11.25 lakh crore as of October 10 this fiscal year, according to the government data released on Friday.

Net direct tax revenue grows by 18.3% to ₹11.25 lakh crore

The total revenue includes personal income tax collections of ₹5.98 lakh crore and corporate tax collections of ₹4.94 lakh crore. Additionally, the Securities Transaction Tax (STT) amounted to ₹30,630 crore, while other taxes, which encompass the equalization levy and gift tax, contributed ₹2,150 crore.

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time to read

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