Direct tax collections rise 7.1% to Rs 22.8 lakh crore till March 17; corporate tax drives growth – The Times of India

Direct tax collections rise 7.1% to Rs 22.8 lakh crore till March 17; corporate tax drives growth – The Times of India

India’s net direct tax collection increased 7.1 per cent to about Rs 22.8 lakh crore till March 17 in the current financial year, aided by higher corporate tax mop-up and slower refund outgo, according to official data released on Wednesday.Data shared by the Income Tax Department showed that net corporate tax collection grew by around…

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