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August 12, 2024 9:26 PM

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Gross Direct Tax Collections Surge 23.99% to ₹8.13 Lakh Crore 

Gross direct tax collections from April 1 to August 11 have increased by 23.99 per cent over the same period of the previous year, reaching 8.13 lakh crore rupees. The Income Tax Department said that collections were 6.55 lakh crore rupees during the same period last year. Net collections were recorded at 6.93 lakh crore rupees, reflecting an increase of 22.48 per cent.