The Hindu·2 min read·hard
Net direct tax collection grows 23% to ₹8.11 lakh cr on slower refunds, higher non-corp taxes
P
PTI
✦AI Summary
India's net direct tax collection grew by 23% to ₹8.11 lakh crore by August 10, driven by higher non-corporate tax revenues and a slowdown in tax refunds. While personal income tax and Securities Transaction Tax saw significant growth, corporate tax collection showed more modest gains.
The net direct tax collection grew 23% to over ₹8.11 lakh crore till August 10 in the current fiscal, on slower refunds and higher mop-up from non-corporate taxes.
economybusiness
✦
Get the full story
Sign up for Headlinne to unlock AI insights, political bias analysis, and your personalized news feed.
Create free accountAlready have an account? Sign in