💨 Abstract
The net direct tax collection increased by 15.88% to approximately Rs 16.90 lakh crore in the current fiscal, as per government data. The growth was driven by personal income tax (over Rs 8.74 lakh crore) and corporate tax (around Rs 7.68 lakh crore). The government aims to collect Rs 22.07 lakh crore in direct taxes this fiscal.
Courtesy: theprint.in
Summarized by Einstein Beta 🤖
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