Direct tax collections up 12 % in April-June

July 09, 2013 08:40 pm | Updated November 16, 2021 10:30 pm IST - NEW DELHI:

Direct tax collections during April-June 2013-14 has shown an increase of 11.52 per cent at Rs.1,23,993 crore as against Rs.1,11,183 crore in the same period last year.

An official statement issued here said while gross collection of corporate taxes has shown an increase of 7.82 per cent (Rs.76,115 crore as against Rs.70,594 crore last year), personal income tax is up 18.53 per cent (Rs.46,903 crore as against Rs.39,569 crore last year). Net direct tax collection was up 6.44 per cent and stands at Rs.89,705 crore against Rs.84,274 crore in the same period in the last fiscal.

Collection of Securities Transaction Tax (STT) stood at Rs.926 crore. Wealth tax collection has posted a growth of 50 per cent (Rs.48 crore against Rs.32 crore).

The collection of Securities Transaction Tax (STT) stood at Rs. 926 crores. The wealth tax has posted a growth of 50 per cent (Rs.48 crore against Rs.32 crore last year).

0 / 0
Sign in to unlock member-only benefits!
  • Access 10 free stories every month
  • Save stories to read later
  • Access to comment on every story
  • Sign-up/manage your newsletter subscriptions with a single click
  • Get notified by email for early access to discounts & offers on our products
Sign in

Comments

Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.

We have migrated to a new commenting platform. If you are already a registered user of The Hindu and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.