Direct tax collection: Net mop-up rises 6.3% to Rs 11.89 lakh crore; refunds dip
Net direct tax revenue has grown 6.33% to over Rs 11.89 lakh crore by October 12, driven by robust corporate tax collections and reduced refund issuances. This growth reflects an increase in both corporate and non-corporate tax receipts, with the government projecting further expansion for the full fiscal year.🕒 1 min read
Net direct tax revenue has grown 6.33% to over Rs 11.89 lakh crore by October 12, driven by robust corporate tax collections and reduced refund issuances. This growth reflects an increase in both corporate and non-corporate tax receipts, with the government projecting further expansion for the full fiscal year.
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