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*Advance tax collections for March 15th have been at Rs 9.10 l | Equity99

*Advance tax collections for March 15th have been at Rs 9.10 lakh crore.*

So far, corporates have paid Rs 6.72 lakh crore in advance tax while individuals accounted for Rs 2.37 lakh crore.

To dimension it , this Rs 9.10 lakh crore is on a gross FYTD number of Rs 22.25 lakh crore in FY2024 till March 15th.

Gross tax collections are up 13.5% Y-o-Y while net tax collections are up 14.05% Y-o-Y.

Very positive numbers, pointing to strong Corporate earnings growth and strong household personal income growth.