Askume, Sept 18 – The Indian government’s net direct tax revenue rose 16% year-on-year to Rs 9.96 trillion ($119.07 billion) between April 1 and Sept 17, a statement said on Wednesday.
Direct taxes mainly consist of income tax and corporate tax, totalling Rs 12 trillion, an increase of 21% over the previous year, the statement said.
Tax refunds worth Rs 2.05 trillion were issued during the same period.
(1 USD = 83.6500 Indian Rupees)
