The gross direct tax collections during April-August period was up by 6.5% at Rs. 164,000 crore against Rs. 154,000 crore in the same period last year.
The gross direct tax collections during April-August period was up by 6.5% at Rs. 164,000 crore against Rs. 154,000 crore in the same period last year.
HT Image
Corporate taxes collection showed an increase of 0.2%, which stood at Rs. 96,738 crore. Gross personal income tax collection was up by 17.1% at Rs. 67,420 crore against Rs. 57.582 crore in the same period last year.
Net direct tax collections was up by 28.2% and stood at Rs. 124,000 crore as compared to Rs. 96,738 crore for the same period in the last fiscal.
The growth in wealth tax was 40.6% and stood at Rs. 225 crore against Rs. 160 crore.
Stay updated with the latest Business News, stock market updates, petrol and diesel prices, gold and silver rates, income tax updates and major developments from India and across the world.
Home/Business/Direct Tax Collections Up 6.5% In Apr-Aug