Gross direct tax collections rose by 7.14 per cent in April-November to Rs.3.25 lakh-crore from Rs.3.04 lakh-crore in the corresponding period last year, a Finance Ministry statement said. Corporate tax collections during the period grew by 3 per cent at Rs.2.05 lakh-crore against Rs.1.99 lakh-crore.
Personal income-tax collections, however, was up 14.94 per cent at Rs.1.19 lakh-crore against Rs.1.04 lakh-crore.
Wealth tax collections recorded a growth of 27.10 per cent at Rs.619 crore against Rs.487 crore.
Securities Transaction Tax collections declined by 12.83 per cent to Rs.2,914 crore in the April-November period, from Rs.3,343 crore in the corresponding period last year.
Net direct tax collections were up 15.04 per cent at Rs.2.71 lakh-crore against Rs.2.35 lakh-crore in the same period last year, primarily on account\ of lower refunds.
