NET DIRECT TAX REVENUE JUMPS 6% TO ₹11.89 LAKH CRORE TILL OCTOBER 12

Non-corporate tax, which includes individuals and HUFs, mop up so far this fiscal stood at about ₹6.56 lakh cr

- PTI

Net direct tax collection grew 6.33 per cent so far this fiscal to over Rs 11.89 lakh crore due to higher corporate tax mop-up and slower refunds.

Refund issuances dropped 16 per cent to Rs 2.03 lakh crore between April 1 and October 12.