Get latest articles and stories on Latest News at LatestLY. Net direct tax collection in the April-June quarter of the current fiscal rose by 41 per cent to Rs 3,54,569.74 crore, Minister of State for Finance Pankaj Chaudhary informed the Lok Sabha. Latest News | Direct Tax Collection Rises by 41% to Rs 3.54 Lakh Cr in Q1 FY23.