India's net direct tax collections grew 23.09 percent year-on-year to Rs 8.11 lakh crore. Gross direct tax collections increased 19.75 percent, with refunds also rising slightly. Net corporate tax collections saw a substantial increase from the previous year's figures. Securities Transaction Tax collections also climbed significantly during this period. Overall, direct tax revenue before refunds reached Rs 9.55 lakh crore. Rupee is stabilising, but another currency risk is staring at India Inc AI is powering US GDP: Why India cannot afford to be left behind The umbrella seller as economic
. Net corporate tax collections saw a substantial increase from the previous year's figures. Securities Transaction Tax collections also climbed significantly during this period. Overall, direct tax revenue before refunds reached Rs 9.55 lakh crore.
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