Tax, refund, tax

A 14.5% rise in direct tax collections, at a time when industrial growth has plummeted, is quite encouraging. According to the Central Board of Direct Taxes, direct tax collections during April-December this fiscal were up 14.5% at R3,96,529 crore over the corresponding period last fiscal—gross collections of corporate tax were up 12.49% and personal income tax collections were up 19.1%.

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