💨 Abstract
India's direct tax collections increased by 15.59% year-on-year, reaching Rs 27.02 lakh crore in FY 2024-25, according to CBDT data. The surge is due to higher corporate and non-corporate tax revenues, and a significant rise in securities transaction tax (STT) receipts. Corporate tax collections rose to Rs 12.72
Courtesy: theprint.in
Summarized by Einstein Beta 🤖
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