Direct and indirect tax collection show a jump of 10.6 and 26.7 percent



Direct Tax Collections up to October, 2016 show an increase of 10.6%; Net Direct Collections stood at Rs.3.77 lakh crore;44.5% of the Budget Estimates of direct taxes for FY 2016-17 has been achieved. The figures for Direct Tax Collections up to October, 2016 show that net collections are at Rs.3.77 lakh crore which is 10.6% more than the net collections for the corresponding period last year. Till October, 2016, 44.5% of the Budget Estimates of direct taxes for FY 2016-17 has been achieved.
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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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