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Top Headlines: Direct tax collections jump, broken rice exports, and more

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“Direct tax collections, net of refunds, stand at Rs 5.29 trillion, which is 30.2 per cent higher than the net collections for the corresponding period of last year, the ministry said, adding that this was 37.2 per cent of the net direct tax Budget E

BS Web Team New Delhi
The provisional gross direct tax collections for FY23 till September 8 stood at Rs 6.48 trillion, which is 35.5 per cent higher than the same period last year, the Finance Ministry said in a statement on Friday. The government’s ban on broken rice exports and restrictions on other grades of the cereal comes amid export gains that were at a multi-year high, shows a Business Standard analysis of trade data. Read more on these in our top headlines.

Direct tax mop-up jumps 35.5% to Rs 6.48 trillion in FY23: Govt

The provisional gross direct tax collections for FY23 till September