India’s net direct tax collection grows 22% to Rs 6.93 lakh crore

August 12, 2024

As of August 11, net direct tax collections have surged by 22.48% to approximately Rs 6.93 lakh crore this fiscal year. This includes Rs 4.47 lakh crore from personal income tax and Rs 2.22 lakh crore from corporate tax. Additionally, Securities Transaction Tax (STT) brought in Rs 21,599 crore, and other taxes contributed Rs 1,617 crore.

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