![Tax to GDP ratio at 15-yr high in FY23; could be even better in FY24](https://images.assettype.com/fortuneindia%2F2024-01%2F41ace46f-f304-41f4-b2e8-c8cb387e1566%2FGettyImages_1423168578.jpg?w=300&q=95)
Tax to GDP ratio at 15-yr high in FY23; could be even better in FY24
Gross tax revenue could be at the “highest ever” in the last 2 decades in FY24, says latest note by SBI Research
Gross tax revenue could be at the “highest ever” in the last 2 decades in FY24, says latest note by SBI Research
The gross direct tax collection so far in FY24 stood at ₹4.19 lakh crore against ₹3.72 lakh crore in the corresponding period of FY23, registering a growth of 12.73%.