The Centre has exceeded the revised Direct tax target for the financial year 2022-23 by Rs 11,000 crore, on the back of a resilient economy, provisional data released on Monday suggested.
The centre mopped up Rs 16.61 lakh crore as direct tax, net of refunds, marking a growth of 17.63%, provisional data released on Monday said.
The collections are Rs 2.41 lakh crore or 16.97 % higher than budget estimates Rs 11,000 crore or 0.69% higher than the revised estimate.
Source:
Economic Times
