#India Economy
Business
FY27 Direct Tax Collections Rise 13% to ₹12.12 Lakh Crore; STT Jumps 53%
India’s net direct tax collections rose 12.96% to ₹12.12 lakh crore in FY27 so far, while STT collections jumped 52.9% and advance tax rose 16.18%.
Business
India’s Semiconductor Investment Pledges Reach $12 Billion as Chip Push Accelerates
India has attracted up to $12 billion in semiconductor investment pledges as the government accelerates efforts to build a domestic chip manufacturing ecosystem.