Mumbai zone's income tax collection grew 9% in Apr-Jul
Income tax collection from the Mumbai zone, which accounts for one-third of the total direct tax collections, grew by around 9% to ₹67,185 crore in April-July, driven by a spike in advance collections from individuals. Further, advance tax collection from individuals in the zone increased by 134% year-on-year while the same from corporates grew 7% from the year-ago period.