Direct tax collection in FY22 stands at ₹13.63 lakh cr: CBDT chief

CBDT Chairman JB Mohapatra said direct tax collection for FY22 outmatches revised estimates of ₹12.5 lakh crore after touching ₹13.63 lakh crore. He added that government's cumulative collection through tax deducted at source currently stood at ₹6.79 lakh crore and corporate tax collection stood at ₹7.19 lakh crore. "The numbers are more than what we expected," he said.