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Corporate tax collections from Delhi up over 14%
Hindustan Times Gurugram
|January 13, 2025
Delhi is the second state to rake in ₹1 lakh crore corporate income-tax after Maharashtra (₹3.39 lakh crore) in the assessment year 2023-24 while Karnataka acquired a distant number three position with a ₹72,826 crore mop-up in the period, according to government data.
NEW DELHI:
Corporate tax collections from Delhi saw an over 14.15% increase to ₹1,08,596 crore in AY24 as compared to ₹95,127 crore in AY23, according to the comparative data for five assessment years (AY). Maharashtra, which was the sole state to collect ₹1 lakh crore-plus until AY23, saw a 13.78% year-on-year increase in the mop-up to ₹3,39,511 crore for AY24, it said. An AY indicates actual income and tax details of the previous financial year (FY).
This story is from the January 13, 2025 edition of Hindustan Times Gurugram.
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