India Net Direct Tax Collections Rise 13 Percent
India reported a 13 percent year-on-year increase in net direct tax collections to 12.1 trillion rupees between April and mid-September. Gross collections also advanced during the period, according to the country tax department.
India's net direct tax collections rose 13% to 12.1 trillion rupees ($126.28 billion) during the period ending Friday afternoon. The gains reflect steady economic activity across the region. The data provides a key health check on corporate and individual income streams.
