Direct tax collections rise 15%, indirect tax up by 26%
The Centre's net direct tax collections up to November this fiscal stood at ₹4.12 lakh crore reporting a 15.12% rise against the year-ago period, according to government data. Further, indirect tax collections were at ₹5.52 lakh crore, a 26.2% rise year-on-year. Notably, indirect taxes include central excise, service tax, and customs duty, while direct taxes include personal and corporate taxes.