India’s Net Direct Tax Collections Rise 13% To ₹12.12 Lakh Crore In FY27 So Far
India’s net direct tax collections witnessed a strong rise in the current financial year, increasing 12.96% year-on-year to ₹12.12 lakh crore as of September 17, according to data released by the Income Tax Department. Gross direct tax collections before refunds stood at ₹14.32 lakh crore, marking a growth of 15.19% compared with the corresponding period last year. Refunds issued during the…
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