Direct tax receipts touch 15.6 trillion

The Central government's direct tax receipts after adjusting for refunds has touched ₹15.6 trillion so far this financial year, the Central Board of Direct Taxes (CBDT) said on Sunday quoting figures up to 10 February.

- Gireesh Chandra Prasad

This shows a 20.25% increase compared with a year ago and accounts for over 80% of the revised estimate for FY24 of ₹19.45 trillion.

Quoting provi sional figures the tax authority said Quo provis figures, author revenue contin register revenue receipts continue to register steady growth.

Before adjusting for refunds, direct tax receipts have grown 17.3% annually in the 1 April to 10 February period to 18.38 trillion.