Impact of Net Direct Tax Collection Growth on India’s Economy

Boost to Public Spending: Net direct tax collections rose by 18.35% to ₹11.26 lakh crore, enabling higher investments in infrastructure, healthcare, and education

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Investor Confidence Surge: STT collections nearly doubled to ₹30,630 crore, indicating strong equity market activity and growing investor trust

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Improved Business Environment: Corporate tax revenue increased to ₹6.11 lakh crore, reflecting better corporate performance and profitability

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Increased Spending Power: Refunds grew by 46% to ₹2.31 lakh crore, boosting household and business spending power

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Fiscal Stability: Achieving more than half of the budgeted ₹22.07 lakh crore ensures reduced borrowing and fiscal stability

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Impact of Net Direct Tax Collection Growth on India’s Economy

Boost to Public Spending: Net direct tax collections rose by 18.35% to ₹11.26 lakh crore, enabling higher investments in infrastructure, healthcare, and education

Investor Confidence Surge: STT collections nearly doubled to ₹30,630 crore, indicating strong equity market activity and growing investor trust

Improved Business Environment: Corporate tax revenue increased to ₹6.11 lakh crore, reflecting better corporate performance and profitability

Increased Spending Power: Refunds grew by 46% to ₹2.31 lakh crore, boosting household and business spending power

Fiscal Stability: Achieving more than half of the budgeted ₹22.07 lakh crore ensures reduced borrowing and fiscal stability

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