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Direct tax mop-up grows over 14% to over ₹5.21 lakh crore on higher advance tax payments
Net corporate tax collection rose 22% to ₹2.08 lakh crore, and mop-up from net non-corporate tax, which includes taxes paid by individuals, HUFs, firms, grew 8% to about ₹2.94 lakh crore till June 17
Pulse Bharat · Why it matters
Read the original at The Hindu · Business ↗
Higher tax collection indicates a boost to the government's revenue, enabling it to fund public services and infrastructure projects, benefiting citizens.