India has collected ₹16.68 lakh crore in gross direct tax till March 10 in the ongoing fiscal year, a rise of 22.6% over the year-ago period, shows data released on Saturday. Net of refunds, the collection was ₹13.73 lakh crore, 16.8% higher.
The collection is 96.7% of the budget estimate for FY23 and 83.2% of the upward revised estimate for the year, the Central Board of Direct Taxes (CBDT) said in a statement.
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