Gross direct tax collection during April-October of the current fiscal was up by 20.28 percent

No.402/92/2006-MC (28 of 2011)
Government of India / Ministry of Finance
Department of Revenue
Central Board of Direct Taxes
***

New Delhi, dated the 4^th November, 2011

PRESS RELEASE

Gross direct tax collection during April-October of the current fiscal was up by 20.28 percent at Rs.284,081 crore as against Rs.236,176 crore in the same period last fiscal. While gross collection of corporate taxes was up 20.35 percent (Rs. 189,872 crore against Rs. 157,767 crore last year), gross collection of personal income tax was up by 20.17 percent (Rs.93,769 crore against Rs.78,029 crore last year). Net direct tax collections stood at Rs.2 18,850 crore, up from Rs.204,347 crore in the same period last fiscal, registering a growth of 7.10 percent.

Growth in wealth tax was 10.6 percent (Rs.4 18 crore against Rs.378 crore) while for securities transaction tax (STT) it was -17.9 percent (Rs.2,958 crore against Rs.3,602 crore).

***

Related posts:

1. Net direct tax collection down 48 percent in April-May while Gross collection up by 37 per cent
2. Direct Tax Collection for April-September 2011 up by 23 percent at Rs 257,042 crore
3. Gross direct tax collection up by 20.28 per cent during April-October 2011
4. During April – August 2011 ,Gross Direct Tax Collections up by 25.89 Percent
5. Revised Press Release on Gross Direct Tax Collections- up by 26.63 Percent and Stood at Rs.1,32,542 Crore during April-July,2011