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Net direct tax collection rises 8 per cent to Rs 17 lakh crore till December

Net corporate tax mop up grew 10.54 per cent to over Rs 8.17 lakh crore. Non-corporate tax (which includes taxes paid by individuals, HUFs, firms) grew 6.37 per cent at Rs 8.47 lakh crore

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Representational pic/iStock

Representational pic/iStock

Net direct tax collection grew 8 per cent to over Rs 17.04 lakh crore this fiscal till December 17 on slower refunds and higher advance taxes from corporates, the income tax department data showed on Friday. 

Net corporate tax mop up grew 10.54 per cent to over Rs 8.17 lakh crore. Non-corporate tax (which includes taxes paid by individuals, HUFs, firms) grew 6.37 per cent at Rs 8.47 lakh crore.

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