Direct Tax collection jumps 24% to Rs 8.98 lakh crore in first half of FY23
After adjusting refunds, direct tax collection stood at Rs 7.45 lakh crore, 16.3 per cent higher than the net collection for the corresponding period a year ago, the statement said.
Between April 1 and October 8, refunds amounting to Rs 1.53 lakh crore have been issued. It is 81 per cent higher than refunds issued during the same period in the preceding year. Pic: Pixabay