India's net direct tax collections rise 13%
India's net direct tax collections rose 12.96% year-on-year to Rs 12.12 lakh crore as of September 17 of financial year 2026-27, according to data released by the Income Tax department on Friday.Gross direct tax collections increased 15.19% to Rs 14.32 lakh crore during the period, while refunds issued stood at Rs 2.20 lakh crore, up 29.19% from the year-ago period.Also read: India's net direct tax collection rises 23% to Rs 8.11 lakh crore as of August 10Net corporate tax collections rose to R…


