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Showing posts with label finance minitry news. Show all posts
Showing posts with label finance minitry news. Show all posts

Tuesday, October 6, 2009

Govt collects 3.69 percent more direct taxes in september

The Indian Finance ministry has collected 3.10 per cent more in direct taxes in September at Rs 64,737 crores compared to the same period last year.

The growth in government's corporate tax collection for the fist half of this fiscal was more pronounced at 5.55 per cent over last year's. In the first six months, Rs 1,00,572 was collected in corporate taxes compared to Rs 95,283 crore last year, the Central Board of Direct taxes in a statement

However, Personal Income Tax collection for the first half at Rs 51,897 crore saw only a marginal rise of 0.38 per cent over last fiscal. The figures include Securities Transaction Tax and residual Fringe Benefit Tax and Banking Cash Transaction Tax.