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Verilumia

The Daily Verified Briefing

Markets

India's direct tax collections up 16% to 6.51 lakh crore

Published 14 July 2026

India's net direct tax collections grew by 16.4 percent in the first quarter of the current fiscal year, reaching over 6.51 lakh crore rupees by July 13, according to data released by the Income Tax Department on Tuesday, July 14, 2026.

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