Good News for Taxpayers, Hiccup for Govt: India’s FY26 Refund Surge
India’s Tax Picture: Gross Collections Up, But Refunds Cause Net Dip in FY26 India’s direct tax collections are showing a mixed trend in the current financial year (FY26) so far. While gross direct tax collections have risen by 3.17% to ₹6.64 lakh crore as of July 10, the net collections have slipped by 1.34% to … Read more