The ministry also said that the net direct tax collections for 2022-23 represented an increase of 17.63 percent when compared to Rs. 14.12 lakh crore in the preceding Financial Year i.e. FY 2021-22. The Finance Ministry on Monday said that the net direct tax collections for 2022-23 fiscal were Rs 16.61 lakh crore. The ministry also said that the net direct tax collections exceeded the revised budget target. Cryptocurrency Taxation: Rs 158 Crore Direct Tax Collected in Current Fiscal Through TDS on Crypto Assets.

Net Direct Tax Collections for FY 2022–23 Stands at Rs. 16.61 Lakh Crore

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