direct tax collections 2024

Direct Tax Collection Surges 20% in FY 2024

In the fiscal year 2024-25, India's gross direct tax collections have surged by 20.32% year-on-year, reaching Rs 19.21 lakh crore, up from Rs 15.96 lakh crore in the previous fiscal year. Net direct tax collections, which account for refunds, have also risen by 16.45% to Rs 15.82 lakh crore, compared...