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India's Tax Collections Jump 14.6% to ₹5.21 Trillion

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India's Tax Collections Jump 14.6% to ₹5.21 Trillion

India's tax collections are on a roll! From April 1 to June 17, they jumped 14.6% to a staggering ₹5.21 trillion. Corporate taxes are also showing off, climbing to ₹2.08 trillion. Plus, advance tax collections are strutting their stuff with a 15.3% rise! It's a tax party, and everyone's invited!

few days ago | Akshita Singh

Quick rundown

1.India's direct tax collections surged by 14.64% year-on-year.
2.Corporate tax collections saw a significant rise to ₹2.08 trillion.
3.Advance tax collections experienced a robust 15.30% growth.
4.Refunds issued increased slightly by 1.19% compared to last year.
5.Overall, India's tax collection data reflects strong economic momentum.

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