India's direct tax collections have seen a significant jump. Net collections reached Rs 5.21 lakh crore by June 17, marking a 14.64% increase. This growth is fueled by strong corporate and non-corporate tax receipts. Advance tax payments also show a healthy upward trend, indicating robust income and profitability for taxpayers this financial year.

India's direct tax collections have seen a significant jump. Net collections reached Rs 5.21 lakh crore by June 17, marking a 14.64% increase. This growth is fueled by strong…

Advance tax collection in FY27's first instalment rose over 15%, with net income tax up 14.64% from April to June.

Net direct tax collections rose 14.64% to over Rs 5.21 lakh crore as of June 17 in the current financial year, driven by robust advance tax payments from companies and higher…