India's net direct tax collections fall 4% y/y from April-August
Direct taxes, which include corporate and personal tax, fell nearly 2% year-on-year to 7.99 trillion rupees on a gross basis during the period, the statement from the income tax department said.
The government said it had issued tax refunds worth 1.35 trillion rupees during the period, about 10% higher than last year.
($1 = 87.6050 Indian rupees)
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