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Direct Tax Collections for F.Y. 2017-2018 show Growth of 14.4% up to November, 2017
December, 28th 2017
                                Government of India
                                 Ministry of Finance
                              Department of Revenue
                            Central Board of Direct Taxes


                                                    New Delhi, 9th December, 2017


                                  PRESS RELEASE
          Direct Tax Collections for F.Y. 2017-2018 show Growth of 14.4% up to
                                   November, 2017

        The provisional figures of Direct Tax collections up to November, 2017 show
that net collections are at Rs. 4.8 lakh crore which is 14.4% higher than the net
collections for the corresponding period of last year. The Net Direct Tax collections
represent 49% of the total Budget Estimates of Direct Taxes for F.Y. 2017-18 (Rs. 9.8
lakh crore). Gross collections (before adjusting for refunds) have increased by 10.7%
to Rs.5.82 lakh crore during April-November, 2017. Refunds amounting to Rs. 1.02
lakh crore have been issued during April, 2017 to November, 2017.







                                                             (Surabhi Ahluwalia)
                                                       Commissioner of Income Tax
                                                        (Media & Technical Policy)
                                                       Official Spokesperson, CBDT.

 
 
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