India’s net direct tax collection rises 19.4% yoy in April-January – World

NEW DELHI: The Indian government’s net direct tax collection has risen 19.4% year-on-year to 14.7 trillion rupees ($177.1 billion) in the ongoing financial year up to Jan. 10, according to a statement from the Ministry of Finance.

India’s financial year runs from April to March.

The direct tax collection from April 1-Jan. 10 has helped the government to achieve about 81% of the budget…