The Net Direct Collection of India Direct refused 1.34% on FY 2025-26 to July 10; Refunds View 38% Jump

The Net Direct Collection of India Direct refused 1.34% on FY 2025-26 to July 10; Refunds View 38% Jump

The Net Direct Collection of India Direct rejected by 1.34 percent year-year-old, worth the current financial year until Friday.

Gross Direct Tax collections increased by 3.17 percent of Rs 6,64,807 crore from corporate taxes, 11,874.

In comparison, gross collections at the same period last year stood at Rs 6,44,375 crore, with a net collection of Rs 5,70,483 crore after recounting refunds.

In June, the government reported a marginal reduction of 1.39 percent of the tax deduction, which fell to Rs 4,65,2722 crore at the same time last year.

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