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India's net direct tax collection rises 18% to Rs 10.03 trillion

The growth was the fastest in seven fiscal years

Reuters  |  New Delhi 

India's net direct tax collection in 2017/18 stood at Rs 10.03 trillion, up 18 percent on year, the finance ministry said on Wednesday. The growth was the fastest in seven fiscal years. Last month, a finance ministry official had said the country's direct tax mop-up had exceeded the budget target.

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First Published: Wed, May 23 2018. 20:09 IST
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