Net direct tax collections have increased sixteen point four percent year-on-year. Gross direct tax collections also saw a sixteen point one percent rise. Corporate tax collections, after refunds, grew significantly from last year. Non-corporate tax collections and securities transaction tax also climbed. These figures reflect strong tax performance up to July thirteenth.

Net direct tax collections have increased sixteen point four percent year-on-year. Gross direct tax collections also saw a sixteen point one percent rise. Corporate tax…

Net direct tax collection rose over 16%, with corporate taxes increasing by 22% and overall collections exceeding ₹6.5 lakh crore.