Net Direct Tax Collections Rises

India’s net direct tax collections were up 16.5%, crossing ₹15.82 lakh crore by December 17, with non-corporate taxes leading the growth.

What is Direct tax and Indirect Tax?

Direct Taxes are imposed on one’s income and earnings and are paid directly to the government. On the other hand, indirect taxes are just opposite and are paid to the government whenever any goods or services are purchased.