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Gross Direct Tax Collections during April-October in 2013-14 up by 11.58 Percent

Nov 7, 2013 16:16 IST

The Gross Direct Tax of India during the April to October 2013-14 financial year in the same period in 2012-13 financial year the gross direct tax was 302844 crore rupees.

Whereas, the Gross Collection of Corporate taxes from April to October 2013-2014 financial year has increased by 8.23 percent and stood at 209622 crore rupees. But the Gross Collection of Corporate taxes was 193679 crore rupees in the same period of financial year 2012-13.

The Gross collection of Personal income tax is up by 17.89 percent and stood at 125078 crore rupees as against 106097 crore rupees in the same period last year. Net direct tax collections is up by 13.33 percent and stands at 284339 crore rupees, as compared to 250900 crore rupees in the same period in the 2012-13.

The collection of Securities Transaction Tax (STT) stands at 2645 crore rupees showing the growth of 5.67 percent as compared to collections made in the same period in the last fiscal. The Wealth Tax has posted a growth of 5.86 percent and stands at 560 crore rupees as against 529 crore rupees in the same period last year.

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