India’s Direct Tax Collection Surges 16.15% to ₹25.86 Lakh Crore

India’s Direct Tax Collection Surges 16.15% to ₹25.86 Lakh Crore

India’s direct tax collections have jumped by 16.15%, reaching ₹25.86 lakh crore as of March 16. This reflects strong economic growth and improved compliance. Corporate and personal tax revenues have increased significantly. The government’s digital initiatives and stricter tax enforcement have contributed to the rise. Experts predict continued tax revenue growth in the coming fiscal year.

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