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TMI BlogDirect Tax Collections upto July, 2016 indicate net revenue collections of ₹ 1.59 lakh crore; thus registering an increase of 24.01% over the corresponding period last year ; 18.82% of the Budget Estimates of direct taxes for FY 2016-17 achieved till July 2016 Refunds amounting to ₹ 64,181 crore have been issued during April-July, 2016, which is10.43% higher than the refunds issued during the corresponding period last yearX X X X Extracts X X X X X X X X Extracts X X X X ..... Direct Tax Collections upto July, 2016 indicate net revenue collections of ₹ 1.59 lakh crore; thus registering an increase of 24.01% over the corresponding period last year ; 18.82% of the Budge ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... t Estimates of direct taxes for FY 2016-17 achieved till July 2016 Refunds amounting to ₹ 64,181 crore have been issued during April-July, 2016, which is10.43% higher than the refunds issued dur ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ing the corresponding period last year - News and Press Release Dated:- 10-8-2016 - News - The figures for direct tax collections upto July, 2016 show that net revenue collections are at ₹ 1.5 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 9 lakh crore which is 24.01% more than the net collections for the corresponding period last year. Till July, 2016, 18.82%of the Budget Estimates of direct taxes for FY 2016-17 has been achieved. A ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... s regards the growth rates for Corporate Income Tax (CIT) and Personal Income Tax (PIT), in terms of gross revenue collections, the growth rate under CIT is 11.65% while that under PIT (including STT ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... etc.) is 31.47%. However, after adjusting for refunds, the net growth in CIT collections is 2.84% while that in PIT collections is 46.55%. Refunds amounting to ₹ 64,181 crore have been issued du ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ring April-July, 2016, which is 10.43% higher than the refunds issued during the corresponding period last year. - News - Press release - PIB Tax Management India - taxmanagementindia - taxmanageme ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... nt - taxmanagementindia.com - TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
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