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Direct tax collections in Mumbai, Delhi in single digit

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..... Direct tax collections in Mumbai, Delhi in single digit - News and Press Release Dated:- 28-12-2016 - News - Mumbai, Dec 28 (PTI) Direct tax collections by both Mumbai and Delhi zones of the Income Tax department were in single digit until December 24, a department official said. It is inspite of the fact that the net revenue collections were in double digit during the period not only at th .....

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..... e national level, but also at zonal level. The Mumbai zone, which is responsible for collection of more than one-third of total tax being collected from across the country, garnered revenue amounting to ₹ 1.74 trillion during the reporting period from ₹ 1.59 trillion a year ago, thus showing a growth of 9 per cent, an official told PTI here today. However, the growth was in doubl .....

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..... e digit in all the other parts of the country during the period. Even small places like Pune and Thane have also shown a double-digit growth in direct tax collections during the period. The department collected ₹ 5.54 trillion during the reported period from across the country from ₹ 4.88 trillion a year ago, thus registering an average growth of 13.5 per cent. New Delhi alone ha .....

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..... s collected a total tax amounting to ₹ 74,147 crore during the reporting period, from ₹ 72,210 crore a year ago, registering growth of 2.7 per cent. Bengaluru zone witnessed a growth by 22 per cent by netting revenue amounting to ₹ 62,418 crore from ₹ 51,128 crore a year ago. On a similar front, Chennai and Kolkata zones have also registered double digit growth in rev .....

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..... enue collections during the reporting period. While net revenue collection at ₹ 25,171 crore was up by 14.5 per cent from Kolkata zone from ₹ 21,976 crore a year ago, Chennai zone's revenue collection went up by 20 per cent at ₹ 42,316 crore from ₹ 35,254 crore a year ago. Smaller places like Thane and Pune have also fared well on the front. While Pune region r .....

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..... egistered a growth of 19 per cent at ₹ 28,574 crore during the reporting period from ₹ 23,973 crore a year ago, Thane region's revenue collection at ₹ 3,982 crore was also up by 27.5 per cent from ₹ 3,123 crore a year ago. - News - Press release - PIB Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

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