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India net direct tax collections rise 13% in April 1–September 17 period

India’s net direct tax collections increased 13% year-on-year to 12.1 trillion rupees ($126.28 billion) from April 1 to September 17, the tax department said. Gross direct tax collections rose over 15% year-on-year.

28 billion) between April 1 and September 17, the tax department said in a statement on Friday. Direct tax collections, which include corporate and income tax, rose by more than 15% year-on-year on a gross basis.