Net direct tax collections jump 23% to ₹8.11 trillion by 10 August
Net direct tax collections in India rose 23% to ₹8.11 trillion by 10 August, according to provisional government data. Gross collections increased 19.75% to ₹9.55 trillion, with non-corporate taxes growing faster than corporate taxes. The trend indicates robust market activity, particularly in securities, and suggests continued growth in tax revenue for FY27.