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India's net direct tax collections fall 1.3% during April 1-July 10

Direct taxes, which include corporate and personal tax, grew 3.2% to 6.6 trillion rupees on a gross basis during the period.

Updated on: Jul 11, 2025, 22:36:59 IST
Reuters
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The Indian government's net direct tax collection fell 1.3% year-on-year to 5.6 trillion rupees during the April 1-July 10 period, it said in a statement on Friday.

The government said it had issued tax refunds worth 1.01 trillion rupees during the period. (Reuters)
The government said it had issued tax refunds worth 1.01 trillion rupees during the period. (Reuters)

Direct taxes, which include corporate and personal tax, grew 3.2% to 6.6 trillion rupees on a gross basis during the period, the statement from the income tax department said.

The government said it had issued tax refunds worth 1.01 trillion rupees during the period, 38% higher than last year.

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