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Tuesday, December 7, 2010

April-Nov direct tax receipts up 17.85%

India's net direct tax receipts, including corporate and personal income tax, rose 17.85 per cent year on year during April-November period in the current fiscal ending March, a government statement said on Tuesday.

Net direct tax receipts touched Rs 2.17 lakh crore in the first eigth months of the fiscal, crossing 50 per cent of the government's target of Rs 4.3 lakh crore for 2010/11, the statement said

Corporate tax receipts were up 22.3 per cent in the first eight months of the current fiscal to Rs 1.38 lakh crore, while personal income tax rose 10.7 per cent to Rs 77,770 crore agains the same period a year ago, it added

Source : Business Standard

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