Net direct tax collection hits Rs 13.73 trn, 83% of FY23 revised estimate.

According to the Central Board of Direct Taxes (CBDT), net direct tax collection in India has grown by 17% to reach Rs 13.73 lakh crore so far this fiscal year.

This amount is equivalent to 83% of the revised target for the full financial year.

The gross collection has increased by 22.58% to Rs 16.68 lakh crore.