India’s direct tax collection surges 15.4% to Rs 12.1 lakh crore by November

India's direct tax collection witnessed a significant surge, reaching Rs 12.1 lakh crore between April 1 and November 10, reflecting a 15.41 percent increase. This growth was fueled by robust corporate and individual tax payments. Despite a substantial rise in refunds issued, net direct tax collection remained strong. The government aims to collect Rs 22.

Nov 12, 2024 - 00:00
India’s direct tax collection surges 15.4% to Rs 12.1 lakh crore by November

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India's direct tax collection witnessed a significant surge, reaching Rs 12.1 lakh crore between April 1 and November 10, reflecting a 15.41 percent increase. This growth was fueled by robust corporate and individual tax payments. Despite a substantial rise in refunds issued, net direct tax collection remained strong. The government aims to collect Rs 22.
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