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India's net direct tax collections rise over 16% y/y in April-July

  • India’s gross direct tax collections rise 16% year-on-year to 7.7 trillion Indian rupees
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NEW DELHI: India’s net direct tax collections rose over 16% year-on-year to 6.5 trillion rupees ($67.6 billion) in April-July 13, the government said in a statement.

India’s gross direct tax collections, including tax paid by individuals and companies, rose 16% year-on-year to 7.7 trillion rupees during the same period, according to the statement.

Foreign investors pour record money into Indian debt on tax breaks, index inclusion hopes

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