Gross direct tax mop up rise 16%

New Delhi: Gross direct tax collections surged 15.7 per cent to 6.75 lakh crore for April- November, the finance ministry said on Monday. Refunds worth 1.23 lakh crore have been issued in the eight months of the current fiscal, which is 20.8 per cent higher than refunds issued in the same period last year. The provisional figures of direct tax collections up to November, 2018, show that gross collections are at 6.75 lakh crore which is 15.7 per cent higher than the gross collections for the corresponding period of last year, the ministry said.