Direct and indirect tax collection increases by 15.03% and 27.5%

Last updated: 13 September 2016

Direct Tax Collections up to August, 2016 show an Increase of 15.03% over the net collections for the corresponding period last year; Till August 2016, 22.30% of the Budget Estimates of direct taxes for Financial Year 2016-17 has been achieved. The figures for Direct Tax Collections up to August, 2016 show that net revenue collections are atRs. 1.89 lakh crorewhich is15.03%more than the net collections for the corresponding period last year. Till August 2016,22.30%of the Budget Estimates of d
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Finance news reporter covering taxation, GST, income tax, business compliance, and economy updates. I simplify complex financial topics into easy-to-understand articles for professionals, taxpayers, and business owners on leading finance and tax platforms.

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