direct tax collections

Tax collections dip: Net direct tax mop-up falls 1.34% to Rs 5.63 lakh crore as refunds surge; gross receipts rise 3.17%

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India’s net direct tax collections experienced a slight decrease of 1.34% year-on-year, totaling Rs 5.63 lakh crore between April 1 and July 10 of FY26, ...