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Direct tax mop-up grew to Rs 1.82 trn
October, 07th 2010

Indias Apr-Sep direct tax collections grew 19.1% on year to Rs 1.82 trillion aided by robust corporate earnings and tax payments, an official of Central Board of Direct Taxes said Wednesday.

Corporate tax receipts were at Rs 1.22 trillion until September, up 21.7% on year, the official said citing provisional tax figures.

Income tax receipts were at Rs 559.6 billion in the first six months of fiscal year 2010-11 (Apr-Mar), rising by 19.5% on year.

Collections from Securities Transaction Tax were at Rs 28.74 billion during Apr-Sep, down 10.4% from a year ago.

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