Agency News

⚡Net Direct Tax Doubles To More Than Rs 1.85 Lakh Crores

By PTI

The net direct tax collection has doubled to over Rs 1.85 lakh crore so far this fiscal, mainly driven by personal income tax and advance tax mop up, the I-T department said on Wednesday. Despite extremely challenging initial months of the new fiscal, the Advance Tax collections for the first quarter of the FY 2021-22 stand at Rs 28,780 crore.

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