Direct tax collection rises 14% to ₹5.21 lakh crore, driven by increased corporate advance tax payments, indicating robust economic activity.

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…

New Delhi, Jun 18 (PTI) Net income tax collection grew 14.64 per cent to over Rs 5.21 lakh crore between April 1 and June 17, government data showed on Thursday. This includes net…

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