Question: What was the total direct tax collection (final) in the financial year 2017-18 till November, 2017?
(a) 3.5 lakh crores
(b) 4.2 lakh crores
(c) 4.8 lakh crore
(d) 5.8 lakh crores
Answer: (c)
Related facts:
- Total Direct Tax Collection (Provisional) upto November, 2017, in the financial year 2017-18, was Rs. 4.8 lakh crore.
- It recorded an increase of 14.4 percent compared to the same period last year.
- The gross direct tax collections show 49 percent of the total estimated budget of 9.8 lakh crore for the financial year 2017-18.
- During the period April-November, 2017, the gross collection (before the refund adjustment) was 5.82 lakh crore rupees.
- It recorded an increase of 10.7 percent.
- Rs 1.02 lakh crore refunded till April-November, 2017
Reference:
http://pib.nic.in/newsite/PrintRelease.aspx?relid=174224