Advance tax collection increased by _____

Daily Current Affairs

Advance tax collection increased by ______ to Rs 4.60 lakh crore.

53.50%

58.00%

65.20%

71.90%

Correct Answer : 53.50%

According to the finance ministry, advance tax collection increased by 53.50% to Rs 4.60 lakh crore so far this fiscal year, indicating a recovery in the economy. Direct tax collections for 2021-22, as of December 16, show that net collections are at Rs 9.45 lakh crore compared to Rs 5.88 lakh crore over the year-ago period, representing an increase of 60.8%.

Published On : December 23, 2021

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New Delhi

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