Direct tax collection for FY09 seen at Rs3 trillion

Direct tax collection for FY09 seen at Rs3 trillion
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First Published: Fri, Apr 24 2009. 10 38 PM IST
Updated: Fri, Apr 24 2009. 10 38 PM IST
New Delhi: India is likely to have ended fiscal year 2009 with a direct tax collection of Rs3.380 trillion compared with the revised budget estimate of Rs3.446 trillion, a senior finance ministry official said on Friday. “The direct tax collection for 2008-09 was Rs3.34 trillion as on 21 April and we expect the tally to go up by another Rs40 billion by month-end,” the official said. He said gross income tax collection till 21 April was Rs1.154 trillion while gross corporate tax mop up was Rs2.458 trillion.
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First Published: Fri, Apr 24 2009. 10 38 PM IST