Net direct tax collections dip 1.39% despite 5% rise in gross...

Net direct tax collections dip 1.39% despite 5% rise in gross mop-up - Here’s why

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India's net direct tax collections experienced a slight decrease of 1.39% to Rs 4.59 lakh crore due to a significant surge in refund issuances, which rose by 58%. Gross direct tax collections saw a modest increase of 4.86%.

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