The federal government has issued tax refunds through the present fiscal yr (Representational)
New Delhi:
The web direct tax collections rose 23.5% on the yr to eight.65 trillion rupees ($103.9 billion) in April-September 16, the federal government mentioned on Monday.
The tax assortment contains company tax of 4.16 trillion rupees and private earnings tax of 4.47 trillion rupees, mentioned the assertion from the Ministry of Finance. It did specify company and private tax collected throughout the identical interval final yr.
Gross tax collected, earlier than adjusting refunds, was 9.87 trillion rupees, about 18.3% larger than final yr.
The federal government has issued tax refunds value 1.22 trillion rupees through the present fiscal yr that began on April 1.
($1 = 83.2886 Indian rupees)
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