Net direct tax collections surge 16% to ₹9.95 lakh cr till Sept 17
Net personal income tax collections increased by 18%, reaching ₹5.15 lakh crore, up from ₹4.13 lakh crore.
Net personal income tax collections increased by 18%, reaching ₹5.15 lakh crore, up from ₹4.13 lakh crore.
The boost in net tax collections during the final fortnight of the fiscal year was driven by personal income tax (PIT) and securities transaction tax (STT) collections.
The net direct tax collection grew 19.81% year-on-year to ₹11,35,754 crore during the ongoing financial year.