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The Economic Times

Economy / The Economic Times

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Despite West Asia crisis, net direct tax mopup grows 15% to Rs 5.2 lakh crore

India's direct tax collections have seen a significant rise of over 14 percent. This growth is driven by strong advance tax payments from corporations. This indicates robust corporate earnings and a positive business outlook for the current fiscal year. Market activity also remains high, contributing to tax revenues. The collections have resumed their growth path, overcoming previous year's disruptions.

19 Jun 2026 12:52 am