India’s direct tax collection surges 15.4% to Rs 12.1 lakh crore by November

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India's direct tax collection witnessed a significant surge, reaching Rs 12.1 lakh crore between April 1 and November 10, reflecting a 15.41 percent increase.

Despite a substantial rise in refunds issued, net direct tax collection remained strong.

This growth was fueled by robust corporate and individual tax payments.

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Article Details

Author / Journalist: TOI Business Desk

Category: EconomyBusiness

Markets: India

Topics: India direct tax collection Gross direct tax collection increase Corporate tax collections Business news CBDT tax collection report Direct tax collection growth

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-12 @ 01:54:08 (1 days ago)

News Timezone: GMT +5:00

News Source URL: timesofindia.indiatimes.com

Language: English

Article Length: 695 words

Reading Time: 4 minutes read

Sentences: 26 lines

Sentence Length: 27 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Times of India

News ID: 23530086

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