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Despite West Asia crisis, net direct tax mopup grows 15% to Rs 5.2 lakh crore - The Economic Times

India's direct tax collections have seen a significant rise of over 14 percent. This growth is driven by strong advance tax payments from corporations. This indicates robust corporate earnings and a positive business outlook for the current fiscal year. Market activity also remains high, contributing to tax revenues. The collections have resumed their growth path, overcoming previous year's disruptions.

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India's net direct tax collections rise 14.6% to Rs 5.21 lakh crore till June 17 - The Economic Times

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