India’s net direct tax collections rose 8.82 per cent to Rs 18.38 lakh crore from April 1 to January 11, official data showed. This included corporate tax of Rs 8.63 lakh crore and Non Corporate tax of Rs 9.39 lakh crore.
According to the government data, total refunds issued as on January 11 was Rs 3.11 lakh crore, down by 16.92% against the same period last year.