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India's net direct tax collection grows 20% to over Rs 18.90 lakh crore till March 17

By Economic Times - 8 months ago
India's direct tax collection surged by 19.88%, reaching over Rs 18.90 lakh crore by March 17, as per government data released on Tuesday. The Income Tax Department specified that the total net direct tax collection stood at Rs 18,90,259 crore, comprising Corporation Tax (CIT) at Rs 9,14,469 crore (net of refund) and Personal Income Tax (PIT) along with Securities Transaction Tax (STT) at Rs 9,72,224 crore (net of refund).

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