Net direct tax kitty grows 16.5% to ₹15.82L cr till Dec 17

The Centre's direct tax collection, net of refunds, for the period from Apr. 1 to Dec. 17 was INR 15.826 trillion, up 16.5% from the year-ago period, the finance ministry said in a release Wednesday.

- Informist

Of the total, net corporate tax collections were INR 7.426 trillion and non-corporate tax collections were INR 7.971 trillion.

Corporate tax collections and non-corporate tax collections for the period grew 8.6% and 22.5% on year, respectively. Non-corporate tax includes taxes paid by individuals, Hindu Undivided Families, firms, associations of persons, bodies of individuals, local authorities, and artificial juridical persons.