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Gross Direct Tax collections during April-May of the F.Y. 2012- 13 was up by 3.62 percent at Rs. 52,232 Crore as against Rs. 50,407 Crore in the same period in F.Y.2011-12.
June, 14th 2012
                  PRESS INFORMATION BUREAU
                    GOVERNMENT OF INDIA
                             *****

 GROSS DIRECT TAX COLLECTION FIGURES FOR APRIL-MAY
  2012-13 IS UP BY 3.62 PERCENT AT RS. 52,232 CRORE AS
AGAINST RS. 50,407 CRORE IN THE SAME PERIOD IN F.Y.2011-
                            12

                                        New Delhi: Jyaistha 23, 1934
                                                      June 13, 2012


      Gross Direct Tax collections during April-May of the F.Y. 2012-
13 was up by 3.62 percent at Rs. 52,232 Crore as against Rs. 50,407
Crore in the same period in F.Y.2011-12. While Gross Collection of
Corporate Taxes showed a decline of (-) 2.82 percent during April-May
of the F.Y. 2012-13 and stood at Rs. 24,329 Crore as against Rs.
25,035 Crore in the same period in F.Y. 2011-12. Gross collection of
Personal Income Tax was up by 10.02 percent and stood at Rs.27,884
Crore as against Rs.25,344 Crore in the same period in F.Y. 2011-12.
Net Direct Tax collections, however, showed a significant increase by
172.64 percent during April-May of the F.Y. 2012-13 and stood at
Rs.35,323 crore, up from Rs.12,956 crore in the same period in
F.Y.2011-12. This upward surge in Net Collections was due to
declined in refunds by (-) 54.85 % as compared to year ago period.

      Growth in Wealth Tax was (-) 16.67 percent during April-May of
the F.Y. 2012-13 and stood at Rs.15 Crore as against Rs.18 Crore in
the same period in F.Y.2011-12.On the other hand, growth in
Securities Transaction Tax (STT) was 7.36 percent during April-May of
the F.Y. 2012-13 as against Rs.540 Crore against Rs.503 Crore in the
same period in F.Y.2011-12 .

                                *****

DSM/SS/GN



 
 
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