Net direct tax collections rise 18.35 pc to Rs 11.25 lakh crore in April-October

Net tax collections increased by over 18% year-on-year to Rs 11.25 lakh crore as of October 11. This includes Rs 4.94 lakh crore from corporate tax and Rs 5.98 lakh crore from personal income tax. Gross direct tax collections reached Rs 13.57 lakh crore, up 22.30%, with refunds rising 46%.