labels: economy - general, governance
Direct tax collections for April-Sept 15 period up 50 per cent news
Our Economy Bureau
21 September 2004

New Delhi: Net direct tax collections of the union government have gone up by 50.7 per cent during April-September 15, 2004 at Rs27,240 crore as against Rs18,077 crore in same period last year.

Tax collections during the first fortnight of this month has recorded 72.3 per cent jump at Rs6,110 crore as against Rs3,547 crore in the same period last year, official sources said.

Net corporate tax collections during the first fortnight increased by 87 per cent to Rs3,252 crore (Rs1,739 crore during September 1-15, 2003), personal income tax collections in the same period grew by 58.1 per cent at Rs2,858 crore (Rs1,808 core during September 1- 15, 2003). September 15 is the last date for second instalment of advance tax for corporates.


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Direct tax collections for April-Sept 15 period up 50 per cent