New Enroll in RBI Grade B New Batch - Starts on May 21

    Question

    What is the percentage increase in advance tax

    collections in the first half of 2023-24 compared to the previous year?
    A 15% Correct Answer Incorrect Answer
    B 20% Correct Answer Incorrect Answer
    C 25% Correct Answer Incorrect Answer
    D 30% Correct Answer Incorrect Answer
    E 35% Correct Answer Incorrect Answer

    Solution

    Advance tax collections in the first half of 2023-24 have increased 20% year on year to ₹3.54 lakh crore. Of the total advance tax collected in the first two quarters of the fiscal, corporate tax accounted for ₹2.80 lakh crore and personal income tax for ₹74,481 crore.

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