Direct collection rises 128% in April

Last updated: 29 May 2007 Follow on Google News

Direct tax collection in April 2007 has shot up by over 128%, mainly due to faster clearing of refunds by the income tax department during 2006-07. Direct tax collection in April 2007 stood at Rs 5,441 crore, compared with Rs 2,381 crore in the corresponding period of the last fiscal. The I-T

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CCI News Desk

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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