India’s direct tax kitty grows 3.69%

India’s direct tax kitty grows 3.69%
PTI
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First Published: Tue, Oct 06 2009. 09 57 PM IST
Updated: Tue, Oct 06 2009. 09 57 PM IST
New Delhi: India has collected 3.10% more in direct taxes in September at Rs64,737, compared with the same month last year. direct-tax collections for the first half of the fiscal year to March has now touched Rs1.52 trillion, a 3.69% increase over the same period a year ago.
The corporate tax kitty grew 5.55% in the first half of this fiscal with Rs1,00,572 collected as against Rs95,283 crore last year, the Central Board of Direct Taxes said in a statement.
However, personal income tax collection for the first half at Rs51,897 crore saw only a marginal rise of 0.38% over the last financial year.
The government set a direct tax collection target in the budget at Rs3.7 trillion. Finance minister Pranab Mukherjee later revised it to Rs4 trillion.
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First Published: Tue, Oct 06 2009. 09 57 PM IST