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Context: The current status of India's net direct tax collections, indicates significant growth and meeting a substantial portion of the targeted amount for the fiscal year 2023-24.
Key Highlights
Current Net Direct Tax Collections
Growth and Performance
Composition of Collections
Refunds and Adjustments
Future Projections
2024-25 Projections
Conclusion
Must Read Articles:
Direct Tax Collections: https://www.iasgyan.in/daily-current-affairs/direct-tax-collections#:~:text=Direct%20taxes%2C%20usually%20levied%20on,income%20tax%20and%20wealth%20tax.
DIRECT TAXES: https://www.iasgyan.in/daily-current-affairs/direct-taxes-36
PRACTICE QUESTION Q. What are the key components influencing the trends in direct tax collection in India, and how has the government adapted its policies and strategies to enhance revenue generation through direct taxes? |
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