At Rs 42,679 crore, advance tax collection up 48% in April-June quarter

Direct tax collection, net of refunds, stood at Rs 2.81 trillion, initial estimates show


To rein in inflation, the government had last month cut excise duties on petrol and diesel and exempted Custom duties on certain items

New Delhi
Advance tax paid by companies in the first quarter of the fiscal year grew 46 per cent over that in the equivalent period in 2021-22, indicating healthy tax buoyancy that

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First Published: Jun 16 2022 | 10:35 PM IST

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