Net direct tax collection grows 8.82% to Rs 18.38 lakh crore till January 11

India's net direct tax collections have seen a significant increase of 8.82%, reaching Rs 18.38 lakh crore between April 1 and January 11. This growth encompasses both corporate and non-corporate tax contributions. Notably, total refunds issued during this period saw a substantial decrease of 16.92% compared to the previous year.