Direct tax revenue grows 14.4% to â¹4.8 lakh cr in Apr-Nov
Direct tax collections in the first eight months of the current fiscal grew 14.4% to â¹4.8 lakh crore, according to data released by the government. This represents 49% of the total budget estimate of direct taxes at â¹9.8 lakh crore for the current financial year. Refunds amounting to â¹1.02 lakh crore have been issued during the same period.