PTI
New Delhi, September 27
The net direct tax collection has increased 23% to Rs 7.04 lakh crore so far this fiscal, the Income Tax Department said on Tuesday.
Central Board of Direct Taxes (CBDT) Chairman Nitin Gupta said the income and corporate tax collection was at a record high of Rs 14.09 lakh crore in 2021-22.
“The momentum of the last fiscal continues in this fiscal with net direct tax collection of Rs 7.04 lakh crore so far, which is a growth of 23% over the same period last fiscal,” Gupta said.
At the Finance Minister’s Award ceremony for CBDT officers, Gupta said the I-T e-filing portal has stabilised and it has facilitated 5.83 crore tax return filing as of July 31. A record 72 lakh returns were filed on the portal on a single day.
July 31 was the last date for filing ITRs for salaried individuals. Gupta said I-T refunds worth Rs 1.41 lakh crore have been issued so far this fiscal, which is an increase of 83% over the same period last year.
(This story has not been checked by JK Mega and is auto-generated from other sources)