Mumbai: India’s gross tax collections up to 22 March stood at Rs3.2 trillion, an income tax official said on Tuesday. The gross income tax collection for Mumbai was Rs1.14 trillion, the official, who did not want to be named, said.
In New Delhi, an official of the Central Board of Direct Taxes said direct tax collection of Rs3.12 trillion as of 17 March includes Rs18,000 crore recovered from regular payers and corporate assesses.
—Reuters and PTI
Aluminium exports from China to attract duty
Mumbai: India imposed taxes on purchases of some aluminium products from China for six months after an industry group complained the imports were hurting local producers grappling with weak demand. Imports of flat-rolled products will attract 21% duty and foil will be taxed at 35%, the Central Board of Excise and Customs notified on its website. The duties will be in force until 8 October.