business

Gross tax collections surge to record Rs.27.07 lakh crore in FY22

Gross tax collections surge to record Rs.27.07 lakh crore in FY22

  • Revenue Secretary Tarun Bajaj on Friday said that Indias tax collections rose to a record high of Rs
  • 07 lakh crore between April 2021 and March 2022
  • He added that the revenue collection is almost Rs
  • 5 lakh crore above the Union Budgets estimates of Rs
  • 17 lakh crore
  • Direct tax collections in FY22 grew 49%, while indirect tax collections rose 30%
.

business 2022-04-13 Inshorts