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9% Growth in Direct Tax collection till September!

Updated on: 08 Aug, 2023 04:27 PM

The April-September direct tax collection, which includes corporate and personal income tax, shows that 38.65 percent of the Budget Estimate of direct taxes for 2016-17 has been achieved.

The figures show that net collections are at Rs 3.27 lakh crore, 8.95 percent more than the net amount in the same period last year, a CBDT statement said.

CA Abhishek Soni
CA Abhishek Soni

Abhishek Soni is a Chartered Accountant by profession & entrepreneur by passion. He is the co-founder & CEO of Tax2Win.in. Tax2win is amongst the top 25 emerging startups of Asia and authorized ERI by the Income Tax Department. In the past, he worked in EY and comes with wide industry experience from telecom, retail to manufacturing to entertainment where he has handled various national and international assignments.