Net direct tax collections up by 23% in current fiscal so far: CBDT

Central Board of Direct Taxes (CBDT) chairman Nitin Gupta has stated that net direct tax collection has grown by 23 per cent to Rs.7 trillion so far in the current fiscal as compared to the same period a year ago. He further stated that income tax refunds worth Rs.1.4 trillion have been issued so far this fiscal, which is an increase of 83 per cent over the same period last year.