Direct tax collection rises 15.7% in April-November period
The government's direct tax collection stood at â¹6.75 lakh crore in the April-November period, a 15.7% rise from the corresponding period last year. The Income Tax Department issued â¹1.23 lakh crore of refunds, 20.8% more than refunds issued during the same period a year ago. The net collection after refunds rose 14.7% from the year-ago period to â¹5.51 lakh crore.