Tax Management India. Com
Law and Practice  :  Digital eBook
Research is most exciting & rewarding
  TMI - Tax Management India. Com
Follow us:
  Facebook   Twitter   Linkedin   Telegram

TMI Blog

Home

Over 8 per cent growth in direct tax collections during April-December

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... Over 8 per cent growth in direct tax collections during April-December
News and Press Release
Dated:- 5-1-2010

Net direct tax collections during first three quarters of the present fisca .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... l (up to December 2009) stood at Rs.2,50,232 crore, up from Rs.2,30,598 crore in the same period last fiscal, registering a growth of 8.51 percent. Growth in Corporate Taxes was 13.47 percent (Rs.1,66 .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... ,503 crore as against Rs.1,46,737 crore), while Personal Income Tax (including STT, and residual FBT and BCTT) grew at -0.41 percent (Rs.83,178 crore as against Rs.83,524 crore). During the month of .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... December 2009, net direct tax collections was Rs.66,410 crore compared to Rs.53,347 crore during December 2008. While Corporate Tax recorded a growth of 44.03 percent (Rs.53,293 crore against Rs.37,0 .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... 02 crore last fiscal), PIT growth was -19.75 percent (Rs.13,117 crore against Rs.16,345 crore last fiscal). Negative growth in PIT was largely on account of higher PIT refunds at Rs.8,954 crore as a .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... gainst Rs.5,979 crore, a growth of 49.76 percent compared to the same period last fiscal. Growth in Securities Transaction Tax (STT) stood at 2.33 percent during April-December 2009 (Rs.4,570 crore .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... as against Rs.4,466 crore), while wealth tax grew by 24.39 percent (Rs.381 crore as against Rs.306 crore) compared to the corresponding period last fiscal. BSC/BY/DN-427/10
News - Press release .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... - PIB .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

 

 

 

 

Quick Updates:Latest Updates