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Net Direct Tax Jumps 45%, Advance Tax Mop-Up Rises 33% In Q1 FY23

The net direct tax numbers, up 45%, are expected to "further fortify the economic revival", the government said.

Janani Janarthanan

Direct tax collections jumped by almost half in the first quarter of the ongoing fiscal.

(Updates an earlier version with the numbers as on June 16, 2022 released by the Ministry of Finance.)

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Janani Janarthanan
Janani is a policy correspondent tracking the Indian economy and reporting ... more
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