The latest net collection figure is 27 per cent higher than the fiscal 2019-20 figure of ₹4,48,976 crore. This includes corporate income tax (CIT) of ₹3,02,975 crore and personal income tax (PIT, which includes security transaction tax [STT]) of ₹2,67,593 crore.
The gross collection as on September 22 in this fiscal has registered a growth of 16.75 per cent over the fiscal 2019-20 figure of ₹5,53,063 crore.
The gross collection includes CIT of ₹3,58,806 crore and PIT (including STT) of ₹2,86,873 crore.
Refunds amounting to ₹75,111 crore have also been issued in this fiscal so far, an official release said.
ALCHEMPro News Desk (DS)
Receive daily prices and market insights straight to your inbox. Subscribe to AlchemPro Weekly!