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    <title>Direct Tax Collections for F.Y. 2023-24 up to 9th October, 2023 show an increase over comparable period of last year</title>
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    <description>Direct tax receipts through 9 October 2023 show year on year increases in gross and net collections, with gross collections rising and net collections after refunds growing at a higher rate; refunds issued during 1 April-9 October 2023 materially affect the net position. Corporate Income Tax experienced moderate gross growth and higher net growth after refunds, while Personal Income Tax recorded substantially stronger gross and net growth. Net collections represent a stated proportion of the Budget Estimates for F.Y. 2023 24.</description>
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