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Direct tax collection rises 11% to Rs 3,79,760 cr
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IANS | 19 Jun, 2023
Direct tax collections for 2023-24, as on June 17, stood at Rs 3,79,760
crore, compared to Rs 3,41,568 crore in the corresponding period of the
last fiscal, representing an increase of 11.18 per cent.
The
net direct tax collection of Rs 3,79,760 crore included corporation tax
(CIT) at Rs 1,56,949 crore (net of refund) and personal income tax
(PIT) including securities transaction tax (STT) at Rs 2,22,196 crore
(net of refund).
The gross collection of direct taxes (before
adjusting for refunds) for 2023-24 stands at Rs 4,19,338 crore as
compared to Rs 3,71,982 crore in the corresponding period of last
fiscal, registering a growth of 12.73 per cent over collections of
2022-23.
The advance tax collections for the first quarter of
2023-24 stand at Rs 1,16,776 crore as on June 17, against advance tax
collections of Rs 1,02,707 crore for the corresponding period of the
immediately preceding fiscal i.e. 2022-23, showing a growth of 13.70 per
cent.
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| Customs Exchange Rates |
| Currency |
Import |
Export |
US Dollar
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84.35
|
82.60 |
UK Pound
|
106.35
|
102.90 |
Euro
|
92.50
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89.35 |
| Japanese
Yen |
55.05 |
53.40 |
| As on 12 Oct, 2024 |
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