April-June direct tax mopup rises 21% to Rs 4.62 lakh cr

The Indian government's direct tax collection increased by 20.99% YoY to ₹4.62 lakh crore from April 1-June 17, boosted by a 27.34% increase in advance tax collection. The gross direct tax collection was ₹5.15 lakh crore, up 22.19% from the previous year. The income tax department issued refunds totaling ₹53,322 crore, 33.70% higher than the previous year.