Direct tax collections dip 3.95% due to rise in tax refunds

New Delhi, [India]: India’s net direct tax collections for FY 2025-26 stood at Rs 6.64 lakh crore as on August 11, down 3.95 per cent from Rs 6.91 lakh crore collected during the same period last year, Income Tax Department data shows. The data suggests that a rise in the tax refund was the major … Continue reading Direct tax collections dip 3.95% due to rise in tax refunds