Net direct tax collection grows 16.45% so far this fiscal: Govt data

Net direct tax collection grows 16.45% so far this fiscal: Govt data



The net direct tax collections for this fiscal year so far have recorded robust growth, rising by 16.45% year-on-year to over Rs 15.82 lakh crore, according to the latest government data.

The gross direct tax collections surged to Rs 19.21 lakh crore, marking a robust growth of 20.32% over the same period last fiscal. Refunds issued during this period stood at Rs 3,38 lakh crore, an increase of 42.49%.

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