Tax Collection Boom: Net Direct Tax Inflows Soar Past Rs 12.92 Lakh Crore with a 7% Increase!

Summary The surge in India’s direct tax collections marks a significant milestone in the country’s fiscal landscape, reflecting a robust post-pandemic economic recovery and effective government interventions. For the financial year 2023-24, net direct tax inflows soared past ₹12.92 lakh crore during the April-November period, registering a 7% increase over the previous year. This growth […]