<h2><strong>About:</strong></h2>

<ul>
	<li>It is an increase of 16.3% over the tax inflows during the corresponding period a year ago.</li>
	<li>Based on provisional data, net personal income tax collections grew 17.35%, rising faster than corporate income tax collections that were up 16.29% net of refunds.</li>
	<li>Securities Transaction Tax (STT) collections combined with personal income tax receipts, grew at a more moderate 16.25%.</li>
	<li>Underlining that direct tax collections continue to register a steady growth, the Ministry said tax refunds had jumped 81% over the preceding year to touch ₹1.53 lakh crore.</li>
	<li>Net direct tax collections had crossed ₹7 lakh crore by September 17, 2022 and were 23.3% higher at the time, so there appears to have been a moderation in tax inflows in the intervening three weeks.</li>
	<li>Gross revenues from direct taxes were at ₹8,36,225 crore on September 17, reflecting a 30.2% growth.</li>
</ul>

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<p><strong>Source :&nbsp;</strong><a href="https://epaper.thehindu.com/Home/ShareArticle?OrgId=G0IACH3HH.1&amp;imageview=0" target="_blank">The Hindu</a></p>

Direct tax

Overview:

According to Union Finance Ministry, India’s net direct tax collections till October 8 in the financial year 2022-23 have risen to ₹7.45 lakh crore, more than half of the Budget targets.

About:

Direct tax

Overview:

According to Union Finance Ministry, India’s net direct tax collections till October 8 in the financial year 2022-23 have risen to ₹7.45 lakh crore, more than half of the Budget targets.

About:

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