DIRECT TAX COLLECTIONS GROW 42% DURING APRIL-AUGUST

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... DIRECT TAX COLLECTIONS GROW 42% DURING APRIL-AUGUST - News and Press Release Dated:- 7-9-2007 - News - Direct tax collections recorded a growth of 42% for the five-month period ending August 2007. N .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... et tax collections stood at Rs.61,030 crore, up from Rs.42,980 crore during the same period last fiscal. Corporate tax recorded a growth of 49.49% at Rs.33,766 crore, up from Rs.22,587 crore during .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... the previous fiscal. Personal income tax (including FBT, STT and BCTT) grew by 33.76% at Rs.27,206 crore, up from Rs.20,340 crore. The growth in Securities Transaction Tax (STT) was 35.16% and Banking .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... Cash Transaction Tax (BCTT) was 79.73%. During the fiscal 2007-08, direct tax collections have consistently maintained a growth of over 40%, reflecting continued buoyancy in the economy, better ta .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... x compliance and improved tax administration. - News - Press release - PIB Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X