Net direct tax collections surge 16 pc to Rs 16.90 lakh crore so far in FY25

India’s net direct tax collections recorded a robust 15.88 per cent jump to Rs 16.90 lakh crore during April 1, 2024-January 12, 2025 of the current financial year compared to the same period of the previous financial year, according to latest figures compiled by the Income Tax Department.

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