Net direct tax collection grows 16.45% to Rs 15.82 lk cr so far this fiscal: Govt data
India's net direct tax collections surged by 16.45% to over Rs 15.82 lakh crore this fiscal year, fueled by robust growth in both corporate and non-corporate tax segments. Gross direct tax collections also jumped by 20.32% to Rs 19.21 crore, while refunds increased by 42.49% to Rs 3.38 lakh crore. Non-corporate tax collections witnessed particularly strong growth.