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Direct Tax Collections Rise 68% During April-November 2021

Direct Tax Collections Rise 68% During April-November 2021

NDTV
Monday, November 29, 2021 12:58:36 PM UTC

Net direct tax collections witnessed a rise of around 68 per cent between April 1 and November 23, 2021 to reach Rs 6.92 crore

Net direct tax collections witnessed a rise of around 68 per cent between April 1 and November 23, 2021 to reach Rs 6.92 lakh crore, government said on Monday.

In a written reply to a question in Lok Sabha, minister of state for finance Pankaj Chaudhary said that the net direct tax collection figures for 2021-22 as on November 23 are Rs 6,92,833.6 crores, showing a growth of 67.93 per cent and 27.29 per cent over the net direct tax collection figures for the corresponding period of 2020-21 and 2019-20 respectively.

The net direct tax collections between April 1 and November 23 in financial years 2020-21 and 2019-20 were over Rs 4.12 lakh crore and over Rs 5.44 lakh crore respectively.

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