Gross direct tax collections rise almost 16 per cent to Rs 6.53 lakh crore so far in current fiscal: CBDT

The Income Tax department stated that the Gross direct tax collection grew 15.73 per cent to Rs 6.53 lakh crore till August 10 in the current fiscal. After accounting for refunds, the net direct tax collection is Rs 5.84 lakh crore, which is 17.33% higher than the net collections for the same period the previous year, it added. 

from IndiaTV Business: Google News Feed https://ift.tt/e1G8KO5