India's tax collections for the current year shoot up smartly
Direct tax collections, or corporate and income tax rose by over 24%, at Rs 1.59 lakh crore upto July 2016. "Till July, 2016, 18.82%of the Budget Estimates of direct taxes for FY 2016-17 has been achieved," the statement said.
Finance Minister Arun Jaitley. Representational image. Pic: PTI