Direct Tax collections surge by 35.46% to 6.5 lakh crore rupees

The gross Direct Tax collections has reached six lakh 48 thousand crore rupees upto 8th of this month, which is 35.46 percent higher than the gross collections for the corresponding period last year. Finance Ministry said the provisional figures of Direct Tax collections continue to register steady



growth.

The Ministry said, refunds amounting to one lakh 19 thousand crore rupees have been issued during 1st April to 8th September this year, which is over 65 percent higher than the refunds issued for the same period in preceding year.