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Net direct tax collections rise nearly 15% to Rs 5.21 lakh crore; advance tax growth signals strong corporate earnings
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 securities transaction tax (STT) collections, according to government data released on Thursday, as reported PTI.
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economictimes.indiatimes.com
India's net direct tax collections rise 14.6% to Rs 5.21 lakh crore till June 17
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…
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thehindubusinessline.com
Advance tax collection increased by over 15% in the first instalment of FY27
Advance tax collection in FY27's first instalment rose over 15%, with net income tax up 14.64% from April to June.
