Question

As of July 10, 2025, India’s net direct tax receipts

Q: Answer-As of July 10, 2025, India’s net direct tax receipts showed what year-on-year change?

Indias net direct tax receipts saw a 1.3 decline as of July 10, 2025, reaching approximately 5.63 trillion. The drop was mainly due to a significant rise in tax refunds, which grew by 38, indicating enhanced tax compliance and refund processing. Despite the decline, gross tax collections grew modestly by 3.17.

showed what year-on-year change?

A Increased by 2.5%

B Remained flat

C Fell by 1.3%

D Increased by 3.7%

E Fell by 5%

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As of July 10, 2025, India’s net direct tax receipts

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