Gross direct tax collections during April-September of the F.Y. 2013-14 is up by 10.66 percent and stood at Rs.3,01,250 crore as against Rs.2,72,221 crore in the same period last year. Gross collections of Corporate taxes has shown an increase of 7.93percent and stood at Rs.1, 92,308 crore as against Rs. 1,78,173 crore during the same period last year. Gross collections of Personal income tax is up by 16.15 percent and stands at Rs.1,06,231 crore as against Rs. 91,463 crore in the same period last year. Net direct tax collections is up by 10.72 percent and stands at Rs. 2, 50,959 crore, as compared to Rs. 2, 26,653 crore in the same period in the last fiscal.
The collection of Securities Transaction Tax (STT) stands at Rs. 2,210 Crore showing the growth of 6.45 percent. The Wealth Tax has posted a growth of 5.27 percent and stands at Rs. 499 crore as against Rs. 474 crore in the same period last year.Tags : Income Tax