Tax Collection During April-January of the Current Fiscal up by 14.57 Percent

Gross direct tax collection during April-January of the current fiscal was up by 14.57 percent at Rs.4,25,274 crore as against Rs.3,71,188 crore in the same period last fiscal.

While gross collection of corporate taxes was up 11.87 percent (Rs.2,85,837 crore against Rs.2,55,514 crore last year), gross collection of personal income tax was up by 20.43 percent (Rs.1,38,730 crore against Rs.1,15,192 crore last year). Net direct tax collections stood at Rs.3,46,959 crore, up from Rs.3,17,500 crore in the same period last fiscal, registering a growth of 9.28 percent.

Growth in wealth tax was 45.11 percent (Rs.682 crore against Rs.470 crore), while growth in securities transaction tax (STT) was -27.19 percent (Rs.4,145 crore against Rs.5,693 crore).

 

Last Update Sunday 12th February 2012     

Read All

Write Comments

About Us

IASPASSION is all about success in Civil Services Examination. With an eye on coveted Indian Administrative Service aspiring youngsters chase their dreams and give their best to achieve success.
We are passionately working on making their journey uncomplicated and enjoyable and our mission is to dispel the myths and wrong notions that surround this big examination.
It is our continuous endeavor to bring in relevant information and inspiring stories that instill confidence and help you persevere as it is a fierce competition that sometimes requires just sticking to the GOAL.

 

The content on this site is IPR property of IASPassion.com and any reproduction of the same, in part or as a whole, will call for legal action under copyright act.

© IASPassion 20018 ---- 2020

IASPassion.com ...Career