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Net direct tax collection rises 15.4% to Rs 12.1 trn in April-Nov

Direct taxes, which include corporate and personal tax, grew over 21 per cent to Rs 15 trillion on a gross basis

direct tax rupees fund

The government said it had issued tax refunds of Rs 2.9 trillion.

Reuters NEW DELHI

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The Indian government's net direct tax collection grew 15.4 per cent year on year to Rs 12.1 trillion ($143 billion) during the period April 1-Nov. 10, according to a statement.

Direct taxes, which include corporate and personal tax, grew over 21 per cent to Rs 15 trillion on a gross basis during the period, the statement issued by the income tax department said.

The government said it had issued tax refunds of Rs 2.9 trillion.

 

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

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First Published: Nov 11 2024 | 8:30 PM IST

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