Direct tax receipts up 5.5% in April-Nov

Direct tax receipts up 5.5% in April-Nov

New Delhi: India’s direct tax receipts for April-November have grown by 5.5% and stood at Rs1.87 trillion, compared with about Rs1.77 trillion in the same period last year, a finance ministry offical said.

The figures are provisional.

If the present trend continues, the government hopes to meet the budget estimate of Rs3.7 trillion by March end and the trend was expected to pick up from the third quarter, the official who did not want to be named said.

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