Tax collections dip: Net direct tax mop-up falls 1.34% to Rs 5.63...

Dununu.com Dununu

Sponsor

Tax collections dip: Net direct tax mop-up falls 1.34% to Rs 5.63 lakh crore as refunds surge; gross receipts rise 3.17%

RSS Feed Business

Posted

84

India's net direct tax collections experienced a slight decrease of 1.34% year-on-year, totaling Rs 5.63 lakh crore between April 1 and July 10 of FY26, primarily due to a significant surge in refunds issued. Gross direct tax collections, before refunds, saw a modest rise of 3.17%, reaching Rs 6.65 lakh crore. The government aims for Rs 25.

Read Full Article

Please log in to like, share and comment!

Air India plane crash: What are the fuel switches under scrutiny? What they do and why they matter

A preliminary report on the Air India Flight AI171 crash revealed a catastrophic engine failure...

By 0 8

'Don't jump to any conclusion': Civil aviation ministry reacts to AI 171 crash probe report; calls it 'preliminary'

By 0 8

Ratan Tata didn't like chemistry as a student: Here's what Campion, Cornell and Harvard taught him

By 0 12

Five wards of Bhimdutta municipality get rescue materials

KATHMANDU: Bhimdutta municipality in the district has distributed rescue equipment to its five...

By 0 13

Shabana shares sweet moment between Farhan and Javed

Shabana Azmi recently shared a heartwarming photo from her London trip with husband Javed Akhtar...

By 0 16