Advance tax collection up 53.50% to Rs 4.59 lakh crore in Q3 of FY22

Ministry of Finance has said that Advance Tax collections for the first three quarters of the financial year 2021-22 stand at over 4 lakh 59 thousand crore rupees till 16th of December. The Ministry said that it shows a growth of nearly 53.50 percent against Advance Tax collections of 2 lakh 99 thousand crore rupees for the corresponding period of the immediately preceding Financial Year. It said, the Advance tax figures of over 4 lakh 59 thousand crore rupees comprises Corporation Tax to the tu...