CBDT releases key Direct Tax statistics
Net Direct Tax Collections increase 160.52% from Rs 6,38,596 crore in FY 2013-14 to Rs 16,63,686 crore in FY 2022-23.
Gross Direct Tax Collections of Rs 19,72,248 crore in FY 2022-23 register increase of over 173.31% compared to Gross Direct Tax Collections of Rs 7,21,604 crore in FY 2013-14.
Direct Tax to GDP ratio increases from 5.62% in FY 2013-14 to 6.11% in FY 2022-23.
Cost of collection down from 0.57% of total collection in FY 2013-14 to 0.51% of total collection in FY 2022-23.
Total number of ITRs filed increase of 104.91% to 7.78 crore in FY 2022-23 against 3.80 crore filed in FY 2013-14
