Net direct tax collection up by nearly 68% to more than Rs 6.92 lakh crore, says minister of state in Lok Sabha

Gross direct tax collection as of November 23 stood at over Rs 8.15 lakh crore, a 48.11 per cent growth, Pankaj Chaudhary said

The net direct tax collection grew nearly 68 per cent from April 1 to November 23, to more than Rs 6.92 lakh crore, Minister of State for Finance Pankaj Chaudhary said on Monday.

"The net direct tax collection figures for the FY 2021-22 as on 23.11.2021 are at Rs 6,92,833.6 crore, showing a growth of 67.93 per cent and 27.29 per cent over the net collection figures for the corresponding period FY 2020-21 and FY 2019-20," he said in a written reply in the Lok Sabha.

The net collection from April 1-November 23 in 2020-21 and 2019-20 fiscals were over Rs 4.12 lakh crore and Rs 5.44 lakh crore, respectively. The gross direct tax collection (before adjusting refunds) as of November 23 stood at over Rs 8.15 lakh crore, a 48.11 per cent growth in the collections from the corresponding period in the last fiscal.

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Chaudhary further said that the gross GST collection in the current fiscal (April 2021-March'22) post the Covid-19 outbreak is showing an increase. The gross GST collection for the 2020-21 fiscal, ended March 2021, was over Rs 11.36 lakh crore, while the same in the current fiscal, till October, stood at Rs 8.10 lakh crore.

In reply to a separate question on whether incidents of tax evasion are increasing in Delhi and other parts of the country, Chaudhary said there is no evidence to suggest that incidents of income tax evasion are increasing in Delhi or other parts of the country.

"In terms of cases detected under Goods & Service Tax (GST) and Customs, there is no increasing trend in such evasion noticed in Delhi, although, there is an overall increase in detection of GST and Customs evasion cases in the country," he said.

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