India’s net direct tax collection rises 15.4 pc to Rs 12.1 lk cr in April-November

India's net direct tax collection rises 15.4 pc to Rs 12.1 lk cr in April-November



India’s net direct tax collection grew 15.4 per cent year on year to Rs 12.1 lakh crore during the period April 1-November 10.

Direct taxes include corporate and personal tax. It grew over 21 per cent to Rs 15 lakh crore on a gross basis during the period, a statement issued by the income tax department said.

The government said it had issued tax refunds of Rs 2.9 lakh crore.

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