Net direct tax collection spikes 19.5% to ₹5.74 lakh crore so far in FY25: I-T dept
Net direct tax collection for FY 2024-25 spiked to ₹5.74 lakh crore till July 11, 2024, witnessing a jump of 19.54 percent over the preceding fiscal, data released by the income tax (I-T) department indicated. The gross collection of direct tax rose to ₹6.45 lakh crore, thus showing a jump of 23.24 percent. Meanwhile, income … Read more