In Charts: Maharashtra, Delhi And Karnataka Power India's Soaring Direct Tax Collections

The gross direct tax collection between April and November of the current financial year (2022-23) has already crossed Rs 10.93 lakh crore which represents a 29.66 per cent increase over the gross direct tax collections for the corresponding period of the previous financial year (2021-22), Union Minister of State for Finance Pankaj Chaudhary said in a written reply to a question in the Lok Sabha on Monday (19 December).

Direct taxes includes corporate tax, personal income tax (PIT), Securities transaction tax (STT), Capital gains tax, and Dividend distribution tax (DDT) .

Given the tax collection momentum in the current financial year, the government is set to easily meet the budgetary estimate target of Rs 14.20 lakh crore for collection of direct taxes for FY 2022-23.

The government also provided details of total direct tax ( gross and net) collection for the last three financial years.

Further, the minister also shared the details of direct taxes collected by government, State/UT-wise for last three years.

Other states that made to the top-ten positions in the net direct tax collection list include Gujarat, Tamil Nadu, Andhra Pradesh, West Bengal, Haryana, Uttar Pradesh and Telangana.