India’s net direct tax collection rises 15.4% in April-Nov

NEW DELHI (Reuters) – The Indian government’s net direct tax collection grew 15.4% year on year to 12.1 trillion rupees ($143 billion) during the period April 1-Nov. 10, according to a statement.

Direct taxes, which include corporate and personal tax, grew over 21% to 15 trillion rupees on a gross basis during the period, the statement issued by the income tax department said.

The government said it had issued tax refunds of 2.9 trillion rupees.

($1 = 84.3640 Indian rupees)

(Reporting by Nikunj Ohri;m Editing by Kevin Liffey)

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