Net direct tax collections rise nearly 15% to Rs 5.21 lakh crore; advance tax growth signals strong corporate earnings - The Times of India
Net direct tax collections rose 14.64% to over Rs 5.21 lakh crore as of June 17 in the current financial year, driven by robust advance tax payments from companies and higher securities transaction tax (STT) collections, according to government data released on Thursday, as reported PTI.