During April - August 2011, Gross Direct Tax Collections up by 25.89 Percent

Last updated: 09 September 2011

Gross direct tax collections during the first five months of the current fiscal (April - August 2011) were up by 25.89 percent at Rs.154,360 crore as against Rs.122,618 crore in the same period last fiscal. While gross collection of corporate taxes was up 29.72 percent (Rs.96,597 crore against Rs.74,463 crore last year), gross collection of personal income tax was up by 19.91 percent (Rs.57,582 crore against Rs.48,023 crore last year). Net collections, however, stood at Rs.96,738 c
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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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