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Centre's net direct tax collection rises 16.5% to ₹15.82 lakh crore till Dec 17
The New Indian Express Kochi
|December 19, 2024
THE central government's net direct tax collection for 2024-25 has soared 16.5% to ₹15.82 lakh crore till December 17, 2024, thanks to healthy personal income tax collections even as growth in corporate taxes remained moderate.
During the same period previous year, the government had collected ₹13.59 lakh crore. The gross collection during the period rose 20.32% to ₹19.21 lakh crore. Refunds by the tax department for FY25 till December 17, 2024 rose by 42.5% to ₹3.4 lakh crore. For FY25, the government has a target of collecting ₹22
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