India govt’s direct tax collections rise 11pc in April-June

Business & Finance
18 Jun 2023 • 11:37 PM MYT
Malay Mail
Malay Mail

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NEW DELHI, June 18 — The Indian government said today that its net direct tax receipts rose 11 per cent year-on-year to 3.80 trillion Indian rupees (RM213 billion) from April 1-June 17.

Tax receipts include tax paid by corporates of 1.57 trillion rupees and personal income tax of Rs 2.22 trillion rupees, a Ministry of Finance statement said.

The Indian government’s direct tax receipts target for 2023/24 has been set at 18.2 trillion rupees. — Reuters

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