Net direct tax collection reaches Rs 13.73 lakh crore, 83 pc of revised estimate for FY23

New Delhi: Net direct tax collection so far this fiscal grew 17 per cent to reach Rs 13.73 lakh crore, which is 83 per cent of the revised target for the full financial year, the Central Board of Direct Taxes (CBDT) said on Saturday.

The growth



in direct tax mop-up, which comprises personal income tax and corporate taxes, was driven by PIT collections.

On a gross basis, the collection grew 22.58 per cent to Rs 16.68 lakh crore.