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Direct Tax Collections Up 5% To Rs 9.45 Lakh Crore In 2020-21, Exceeds Estimates

Advance tax collections for the financial year 2020-21 stood at Rs 4.95 lakh crore
Advance tax collections for the financial year 2020-21 stood at Rs 4.95 lakh crore
The country's direct tax collections for the financial year 2020-21 were at Rs 9.45 lakh crore, according to data released by the Ministry of Finance on Friday, April 9. ​​​​​​​During the fiscal ended March 2021, the provisional direct tax collections registered a growth of almost five per cent. The net direct tax collections represent 104.46 per cent of the revised estimates of Rs 9.05 lakh crore of direct taxes for fiscal 2020-21, ...
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