![Direct tax collection sees a 45% Surge Direct tax collection sees a 45% Surge](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjFb1VOQxPSZHLRyxKgsoi6O2iByOqb277EqkOzF2QfFVFHsaWdPXbLRvaHTXxdV0YFDDDVmclDdz1sMsM1rIK9ogt865l2Sz8dWiQ5rYPb-enozAfl2dh_H79twSD39S74Kql6IdDyPqCJcck6lQJOVBmMftg_ODhcNomgVzNMAeI33t0bKfwXbi_GbQ/w320-h181-rw/Tax%20surge.jpg)
- Besides advance tax collections for the first quarter of this fiscal has increased by 33% and stood at over Rs 1.01 trillion.
- Apart from that gross collection of direct taxes has increased by 40% for the fiscal stood at Rs 3.69 trillion.
- Tax collection had been projected at Rs 27.58 trillion in the budget estimates for FY23.
- That represents 9.6% growth over the Rs 25.16 trillion estimated in the revised estimates for the previous year.
- In addition to that refunds of Rs 30,334 crore were issued during the period.
Question:
Q.1 According to a recent report, the net direct tax collection has increased by ______ to Rs 3.39 trillion?a. 50%
b. 45%
c. 35%
d. 20%