Answer- C
Net direct tax collections represent the total sum of tax revenue gathered directly from individuals and businesses, which includes various forms of taxes such as income tax, corporate tax, and wealth tax.
Income tax is a tax on an individual's income, where the rate of tax is usually based on the amount of income earned.
It is a direct tax that is paid by individuals or entities that generate income in a given financial year. The income tax collected by the government is utilized to fund various public services and welfare programs.