Advance tax needs to be paid all through the year in four instalments in the current financial year. The date of first instalment is on June 15 in this year.
Gross tax collection of Rs 27.07 lakh crore during April 2021 to March 2022 compares with budget estimate of Rs 22.17 lakh crore
The direct tax collection for FY22 has beaten the revised estimate of Rs 12.50 lakh crore, as it stood at Rs 13.63 lakh crore as of March 17
