Net Direct tax Collections Increases by 17.82 Percent in First Seven Months of 2010-11



Net Direct tax Collections Increases by 17.82 Percent in First Seven Months of 2010-11 Net direct tax collections in the first seven months of the current fiscal crossed the mark of rupees two trillion and stood at Rs.2,04,351 crore as on 31st October 2010 (April-October, 2010). This is up from Rs.1,73,447 crore collected during the same period in last fiscal (April-October, 2009) and thereby registering a growth of 17.82 percent. Growth in Corporate Income Tax was 22.05
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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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