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Direct Tax Collections during the first eleven months of the fiscal

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..... Direct Tax Collections during the first eleven months of the fiscal
News and Press Release
Dated:- 9-3-2009

No. 402/92/2006-MC (06 of 2009) Government of India / Ministry of Finance Depa .....

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..... rtment of Revenue Central Board of Direct Taxes *** New Delhi dated the 5thMarch 2009 PRESS RELEASE Net direct tax collections during first eleven months of the present fiscal (up to February 20 .....

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..... 09) stood at Rs.258,902 crore, up from Rs.232,676 crore, registering a growth of 11.27 percent. Growth in Corporate Taxes was 16.79 percent (Rs.162,617 crore as against Rs.139,241 crore), while Person .....

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..... al Income Tax (including FBT, STT and BCTT) grew at 3.03 percent (Rs.95,930 crore as against Rs.93,111 crore). Growth in Fringe Benefit Tax (FBT) was 20 percent (Rs.6,267 crore as against Rs.5,233 cro .....

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..... re) and in Banking Cash Transaction Tax (BCTT) was 14.46 percent (Rs.588 crore as against Rs.513 crore). Securities Transaction Tax (STT), however, declined by 35.54 percent (Rs.5,079 crore as against .....

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..... Rs.7,879 crore). During this period, Corporate tax deducted at source (TDS) growth was 38.3 percent (Rs.55,043 crore against Rs.39,805 crore last year) and PIT TDS growth was 18.6 percent (Rs.59,53 .....

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..... 3 crore against Rs.50,217 crore last year). Direct tax collections have so far reached 70.93 percent of the Budget Estimates target of Rs.3,65,000 crore, and 76.37 percent of the Revised Estimates t .....

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..... arget of Rs.3,45,000 crore.
News - Press release - PIB .....

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