Net direct tax collections rise nearly 15% to Rs 5.21 lakh crore; advance tax growth signals strong corporate earnings
Net direct tax collections surged 14.64% to over Rs 5.21 lakh crore by June 17, fueled by strong corporate advance tax payments and increased securities transaction tax. This robust growth signals continued corporate profitability and market activity, keeping the government on track for its ambitious direct tax targets.
Net direct tax collections surged 14.64% to over Rs 5.21 lakh crore by June 17, fueled by strong corporate advance tax payments and increased securities transaction tax. This robust growth signals continued corporate profitability and market activity, keeping the government on track for its ambitious direct tax targets. What's Your Reaction?
