India witnessed a remarkable 15.6% surge in gross direct tax collections, surpassing Rs 27 lakh crore in the previous fiscal year. This growth was primarily fueled by upticks in income tax and corporation tax payments. Net direct tax collection also showed a commendable performance, hitting nearly Rs 22.3 lakh crore, marking a 13.6% increase. The robust tax revenue coupled with expenditure savings hint at a possibly better fiscal deficit outcome compared to initial budget projections.