Direct tax collection rises 23% to Rs 8.11 lakh cr
India's net direct tax collections rose 23.09% year-on-year to ₹8.11 lakh crore as of August 10, 2023, according to government data. Gross collections increased by 19.75% to ₹9.55 lakh crore, with corporate tax collections climbing to ₹3.80 lakh crore. This growth indicates a robust revenue trend, impacting fiscal planning for the current financial year.