New Delhi, Feb. 12 -- India's net direct tax collection, comprising mainly corporate tax and personal income tax, jumped by 14.69 per cent to cross the Rs 17.78 lakh crore mark as of February 10 in the current financial year compared to 15.51 lakh crore in the same period of 2023-24, according to a data released by the Central Board of Direct Taxes (CBDT) on Tuesday.
The gross direct tax revenue surged by 19.06 per cent to surpass Rs 21.88 lakh crore from Rs 18.38 lakh crore in the same period of 2023-24, the figures showed. The revenue from net non-corporate taxes, which comprises mainly personal income tax, surged by 21 per cent year-on-year to Rs 9.48 lakh crore during this period.
Net corporate tax collection rose more than 6 per ce...
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