Afternoon D & C Dedicated To Mumbai
Home > Business > Direct tax mop up rises 19.5% to Rs 7.44 lakh cr in Apr-Feb

Direct tax mop up rises 19.5% to Rs 7.44 lakh cr in Apr-Feb

Friday, March 09, 2018

The Direct Tax collection has risen 19.5% to Rs 7.44 lakh crore in the April-February period of the current fiscal, buoyed by a strong pick up in corporate tax. The net direct tax collection represents 74.3% of the Rs 10.05 lakh crore as per the revised estimates given in Union Budget 2018-19, presented in Parliament last month. "The provisional figures of direct tax collections up to February, 2018 show that net collections are at Rs 7.44 lakh crore which is 19.5% higher than the net collections for the corresponding period of last year," a finance ministry statement said.

COMMENTS
No Comments Posted
POST YOUR COMMENTS
Name:  
 
Email:    
Comments:
 
 
City news
The Bombay High Court refused to lift the ...
The Indian government proposed Anil Ambani's Reli
Munde says make Gujarathi official state language
Heart To Heart
Dr. Rajan B. Bhonsle, M.D. (Bom)
Consulting Sex Therapist & Counsellor
Dr. (Mrs.) Minnu R. Bhonsle, Ph.D.
Consulting Psychotherapist & Counsellor
Astrology
Select Sun sign:
 
Aries (Mar 21 - Apr 20)
Aries (Mar 21 - Apr 20)You will find work to be very stressful today. However, it will not prevent you from taking shots at your opponents. You are thoughtful, but can be cunning too. People would have gauged it by now. Ganesha advises you to go ahead nevertheless.
- Advertising -
Read More