Refund surge, slow advance tax drag down India’s net collections
India’s net direct tax collections declined 1.39% year-on-year to ₹4.58 lakh crore as of June 19 this fiscal, primarily due to a sharp 58% increase in refunds and muted growth...
India’s net direct tax collections declined 1.39% year-on-year to ₹4.58 lakh crore as of June 19 this fiscal, primarily due to a sharp 58% increase in refunds and muted growth...
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The Centre’s advance tax collections have grown at a tepid pace till June 15 this fiscal, suggesting muted income growth amid global headwinds. The total collection was ₹1.54 lakh crore,...