Advance tax collection for H1 swells 22.6% to Rs 4.36 lakh crore

Advance tax collections in India increased by 22.61% to ₹4.36 lakh crore in the first half of the current financial year, indicating strong corporate performance and a robust economy. Net direct tax collections rose 16.12% to ₹9.95 lakh crore, with personal income tax showing significant growth over corporate income tax.