India’s H1-FY’13 direct tax collection up 5.87 per cent at Rs2,72,133 crore
10 Oct 2012
The country's gross direct tax collection during April-September of the current financial year (2012-13) rose by around 5.87 per cent to Rs2,72,133 crore against Rs2,57,042 crore during the comparative period of the previous year.
Collection of corporate taxes increased by 1.60 per cent to Rs1,78,173 crore against Rs1,75,360 crore last year while collection of personal income tax was up 14.87 per cent at Rs93,451 crore against Rs81,353 crore last year.
Net direct tax collections were up 16.32 per cent at Rs2,26,603 crore, against Rs1,94,812 crore in the same period last fiscal.
Wealth tax collections grew 53.9 per cent to Rs474 crore during the first half of the 2012-13 fiscal against Rs308 crore in the comparable period of the previous fiscal, while the securities transaction tax (STT) showed negative growth at (-) 17.03 per cent at Rs2,076 crore against Rs2,502 crore in the previous year period.
