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December 12, 2022

 8.44 lakh crore Income Tax collected and 2.15 lakh crore refund issued till 30 Nov 2022

 8.44 lakh crore Income Tax collected and 2.15 lakh crore refund issued till 30 Nov 2022

Steady growth in Direct Tax collections!

Net collection in FY 2022-23 is 24.26% higher than the net collection for the corresponding period of the preceding year. 61.79% of Budget Estimates for FY 2022-23 already achieved.

Speedy issue of Refunds!

66.92% higher refunds issued upto 30th Nov., 2022 during FY 2022-23 compared to the corresponding period in 2021. Refunds amounting to Rs 2.15 lakh crore issued between 1st April, 2022 to 30th Nov., 2022.

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