Advance tax collections in the first half of the fiscal year 2023-24 have increased by 20% compared to the previous year, reaching ₹3.54 lakh crore. These collections are expected to further increase as more information is received from banks. Robust advance tax numbers indicate a strong economy and healthy corporate performance. The government is likely to release official data next week.
from Economy-News-Economic Times https://ift.tt/qA0SMOP
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