There is a resurgence in black money which could be a counteracting force to rise in GST collections: Marcellus’ Saurabh Mukherjea  

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“Direct tax collections are still very robust. In FY2024, collections were growing at 16-17 percent, and in the first half of FY2025, direct tax collections have also been very healthy, with mid-teens growth,” said Mukherjea.

   

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