India's net direct tax collection falls 1.3% during April 1-July 10

India's net direct tax collections experienced a slight decrease of 1.34%, totaling Rs 5.63 lakh crore as of July 10, 2025, compared to the previous year. This dip is primarily attributed to a significant surge in tax refunds, which increased by 38.01%. However, gross direct tax collections saw a rise of 3.17% during the same period, reaching Rs 6.