India's net direct tax collections increased by 16.4 percent to ₹6.51 lakh crore. Corporate tax collections saw a significant 22 percent rise during this period. Non-corporate tax collections grew by 11.7 percent, showing broad-based growth. Refunds issued also increased by 14.6 percent compared to last year. These figures indicate robust revenue growth for the current fiscal year.

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.