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India's net direct tax collections increased by 17.7% in FY 2023–24.
India's net direct tax collections increased by 17.7% year-on-year, surpassing revised estimates by Rs 13,000 crore, and reaching Rs 19.58 lakh crore in the fiscal year ending March 2024.
Gross direct tax collections (provisional) for FY 2023-24 rose 18.48% to Rs 23.37 lakh crore.
The growth in tax collections reflects the strong economic growth and rise in income levels of individuals and corporates.
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La recaudación neta de impuestos directos de la India aumentó un 17,7% en el año fiscal 2023-24.