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).

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